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The Off Grid Electricity Fund invests USD230,000 in clean energy company Alina Enèji

The Off Grid Electricity Fund (OGEF), a renewable energy access fund for Haiti supported by the World Bank, has provided a USD230,000 investment in the form of debt financing and catalytic grants to Alina Eneji to pilot mesh-grid technology at scale.

Alina Enèji’s is a Haitian company established in 2021 to provide reliable, clean, and affordable, energy to rural households in the country. It launched an initial pilot of 35 households in the Dulagon area with Okra Solar, whose mesh-grid technology enables households to access clean and productive power. 
  
OGEF was launched by the Haitian Government in 2019 with the aim to electrify 200,000 households and SMEs in Haiti within 10 years. At present, fewer than one in three Haitian households have access to electricity, which is often unreliable. In rural areas, electrification rates are as low as 5 per cent.
 
The Fund, managed jointly by Bamboo Capital Partners and Fonds de Développement Industriel, invests debt and equity in companies and manages grant programs that help companies offer renewable off grid energy access solutions to people in Haiti, ranging from mini grids to pay-as-you-go solar products.

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