America’s Overseas Private Investment Corporation (OPIC) has injected Sh600 million into Nairobi-based CrossBoundary Energy, a firm that funds industrial and commercial solar installation ventures across East Africa.
The fresh capital is a debt secured by expected earnings from upcoming projects as well as earnings from past projects such as the Garden City Mall (Nairobi) solar installation, Unilever Tea Kenya (Kericho), Unilever Ghana, Guinness Ghana, The Coca-Cola Bottling Company of Ghana and Bralirwa Brewery in Gisenyi, Rwanda.
