GreenMax is one of the leading fund management firms in the clean energy space for emerging markets.

Achieving UN Sustainable Development Goal 7 (SDG 7) on universal access to modern, affordable, reliable, and sustainable energy for all by 2030 will require new and innovative financing solutions. GreenMax has long been an innovator in developing risk mitigation and blended finance instruments to facilitate clean energy investments. Currently, our Fund Management Group manages or co-manages the following platforms: CEI Africa, Mwinda Fund, PIFORES Fund, G4A, and GreenShift Africa.

CEI Africa: GreenMax, in partnership with Triple Jump and Persistent Energy, forms the Fund Management Consortium for the Clean Energy and Energy Inclusion for Africa (CEI Africa) Foundation, providing a “one-stop shop” for financing energy access companies in Africa. Instruments include RBF and outcomes-based grants, concessional debt, and junior and senior debt to leverage private capital.

Mwinda and PIFORES Funds: In partnership with the Rural Electricity Agency (ANSER), GreenMax manages these two World Bank–supported funds aimed at financing off-grid electrification and clean cooking solutions in the Democratic Republic of Congo. Mwinda offers RBF and concessional debt instruments for green mini-grids, solar home systems (SHS), and PUE appliances. With additional funding from the Global Energy Alliance for People and Planet (GEAPP), we also provide Catalytic Grants to support mini-grid developers, as well as first-loss guarantees to encourage local banks to finance green mini-grid construction. PIFORES provides RBF grants for the sale and distribution of locally produced high-efficiency cookstoves.

G4A: Supported by the IKEA Foundation, CLASP, and the Partnering for Green Growth and the Global Goals 2030 (P4G) platform, GreenMax launched the Green-for-Access First Loss Facility (G4A), a risk mitigation fund that partners with local financial institutions in Africa to de-risk local-currency lending for end consumers to purchase Productive Use of Energy (PUE) appliances and Electric Vehicles (EVs). In 2022, G4A was awarded the Keeling Curve Prize in the finance category by the Global Warming Mitigation Project.

GreenShift Africa: GreenMax’s engagement with e-mobility companies in Africa has identified a common financing gap for which a trade facilitation program can serve as a solution. GreenShift Africa delivers a standard trading arrangement to top up e-mobility companies’ limited working capital, enabling them to increase the number of EVs they can import.