Empower New Energy is a new renewable energy finance company.
At Empower you will find a Team of Experienced professionals, with offices in Oslo and Nairobi, driven by a passion to accelerate the clean energy revolution in Africa and other emerging markets. Empower works closely with other development partners to select and invest in distributed solar and small hydro projects.
The Empower renewable impact investment fund brings equity and finance needed for the implementation of projects that meet our investment criteria. The focus is on 0.5 MW – 10 MW projects with a long-term off-take agreement with either an electricity utility-company or an industrial or commercial energy-user.
Bundled on a portfolio level, investments is expected to deliver financial return, as well as outstanding sustainable impact including CO2 reductions and job creation.
The Norwegian government has an increased focus on emerging markets and companies like Empower are important to open the way for Norwegian investments and technology companies in the rapidly growing small scale renewable market.