Ghana: ElectriFI loan facility for Redavia

Containerised solar rental company Redavia Global Asset SCA has signed a $2m financing agreement with the European Commission-funded Electrification Financing Initiative (ElectriFI) to support its activities in Ghana’s commercial and industrial sector. The financing follows a $4m facility agreed with responsAbility Investments AG in October last year. The loan is expected to increase Redavia’s fleet of solar plants by around 15MWp.