CAPITAL INVESTMENT
E+Co does not provide grants, but rather invests seed and growth capital to implement and expand sustainable renewable energy businesses in Africa, Asia and Latin America. Larger than micro-enterprises, small and growing businesses typically employ between 10-150 staff members and are capable of absorbing investments generally between US$25,000 and US$1 million.
The E+Co investment process is rigorous. Energy businesses that have submitted a business proposal and have received development services will be considered for a debt or equity investment if they meet our investment criteria.
THE INVESTMENT CRITERIA
- The business idea must be well defined and involve capable people. Local, in-country developers, sponsors or partners are preferred.
- The business idea should employ approaches to energy production, use or finance using established affordable, reliable technologies that move communities up the energy ladder.
- The business idea must offer clear social and environmental benefits, while being competitive with conventional alternatives.
- The business idea must have the potential to be economically self-sufficient and offer growth potential.
THE INVESTMENT PROCESS
- E+Co Investment Officer identifies potential energy investment opportunity.
- Investment Officer conducts due diligence on the business to ensure it has the ability to comply with the investment criteria.
- Investment Officer determines what business development services are needed and begins to work with the entrepreneur.
- The entrepreneur and Investment Officer will work together to create and strengthen the Business Proposal.
- Once the entrepreneur has developed a strong business proposal, the Investment Officer will present it to E+Co's Investment Committee, an independent body of finance and energy experts.
- Approved investments will continue to receive support services as they begin to implement their business plan. The Investment Officer will conduct a baseline report and introduce the business to E+Co's Monitoring & Evaluation Process.
- An E+Co Monitoring & Evaluation Officer will begin tracking the social, environmental and financial returns of the business on a biannual basis.
- Investment Officer will provide post-investment business support services, and where appropriate, recommend a growth loan.
