Creating Sustainable Value

REPP 2

About REPP 2

Creating Sustainable Value

REPP 2

About REPP 2

Targets

$250m

assets under management

13

mtCO₂e avoided (over technology lifetime)

2.7m

people connected to electricity for the first time

330MW

of renewable energy capacity

5m

people benefitting from improved grid stability

77000

jobs created through construction and operation

$786m

finance mobilised from third-party sources

30%

of funding invested in companies aligned with 2X gender lens investment criteria

Sustainable impact objectives

REPP 2’s objective is to mobilise and scale commercially viable, decentralised renewable energy investments across Africa by deploying catalytic capital where it is most needed — early in the development cycle and at the point of construction. By doing so, the fund aims to unlock bankable renewable energy projects, strengthen local developer capacity and create a pipeline of investable clean energy assets in underserved markets with strong long-term growth potential.

By investing in on- and off-grid renewable energy assets, REPP 2 contributes to expanding access to affordable, reliable, sustainable and modern energy in one of the world’s most unelectrified regions, in line with SDG 7. As an SFDR Article 9 fund, it makes sustainable investments that directly contribute to shared climate objectives — namely, mitigating greenhouse gas emissions, enhancing energy system resilience and assisting countries in implementing their national climate policies and priorities in a region that is disproportionately affected by climate change.

REPP 2 also invests with a strong gender lens, aligning with the 2X’s criteria for gender lens investing by directing investment to women-owned and women-led companies, as well as businesses delivering renewable energy solutions benefiting women and vulnerable groups at the community level. Through this focus, REPP 2 aims to improve gender equality, expand opportunities for women in the renewable energy sector and strengthen their economic empowerment and resilience in underserved communities.

View REPP 2's Theory of Change

Case study: Kwama Energy

Powering Zambia with Africa’s landmark solar investment

View

Technical assistance for developers​

REPP 2 has a dedicated technical assistance facility (REPP 2 TAF) providing capacity building and early-stage project preparation support for REPP 2-qualified investees, with a particular focus on female-owned businesses and projects targeting female customers.

Find out more about the REPP 2 TAF

Image sources: (top to bottom) SOSAI Renewable Energies Company, MOPO, Illute Solar Limited

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