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African Development Bank's SEFA grant to support first Super Energy Service Company (ESCO) in East Africa

African Development Bank's SEFA grant to support first Super Energy Service Company (ESCO) in East Africa
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Towards Safe Food, Nutritious Diets, and Resilient Food Systems

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KSO'dan enerji verimliliği yaygınlaştırma semineri

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Africa's first Super Energy Service Company in Morocco gets $965,000 grant boost from African Development Bank's Sustainable Energy Fund for Africa (SEFA)

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Last updated:
17/02 - 10:40
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/37jYAtS) is providing a $965,000 grant to Morocco’s Société d’Ingénierie Energétique (SIE), to support its transition into the first Super Energy Service Company (ESCO) initiative in Africa.
“This support from the African Development Bank will enable the operationalization of the new SIE as a Super ESCO, thus creating a model well aligned with the needs of the country’s energy efficiency sector,” said Ahmed Baroudi, SIE’s Chief Executive Officer.
Amid growing demand, Morocco aims to meet its energy needs by combining large-scale energy efficiency strategies and renewable energy investments. Super ESCOs are vehicles for channelling funds into public sector energy efficiency investments such as hospitals, schools, and street lighting, laying ....

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African Development Bank Group (AfDB) / Press release | Africa's first Super Energy Service Company in Morocco gets $965,000 grant boost from African Development Bank's Sustainable Energy Fund for Africa (SEFA)

African Development Bank Group (AfDB) / Press release | Africa's first Super Energy Service Company in Morocco gets $965,000 grant boost from African Development Bank's Sustainable Energy Fund for Africa (SEFA)
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