Energy Access Challenge: 1.1 billion people worldwide lack access to affordable, reliable electricity.
Microgrids can help close this gap.
August 2017: MIA RFQ Update
We are currently on track to issue a Request for Proposals (RFP) to developers with our data management partner SupplyShift in Q4 of 2017.
We have used the responses to the RFQ to inform our approach to fundraising, structuring, and the design of MIA’s initial financial product offering.
We will continue to provide updates on this webpage as they develop.
The Microgrid Investment Accelerator (MIA) is a first-of-its-kind blended capital finance facility that provides catalytic financing directly where it's needed most: to microgrid project developers bringing clean energy solutions to un- and underserved communities around the globe. Read More.
Blend Different Types of Capital
MIA is a first-of-its-kind blended capital platform that leverages grant and concessionary finance from corporations, philanthropies, family offices, and governments to mobilize private sector capital into renewable energy microgrid projects, with a specific focus on energy access.
in East Africa, india, indonesia, and beyond
MIA will help project developers scale their businesses and reduce transaction costs through: direct provision of corporate and project-level debt and equity, aggregating and de-risking pools of projects, and taking high-risk positions in the capital stack.
Build the Ecosystem
Provide targeted MIcrogrid financing
MIA will support the microgrid finance ecosystem through a network of partnerships, including with: business accelerators and incubators; policy engagement partnerships; productive equipment financiers (e.g. agricultural equipment and appliances), and strategic co-financing arrangements.
Make the Business Case
actionable insights based on project data
MIA will help prove the commercial business case for microgrid investment through rigorous data collection, management, and analysis. As much data as possible from the facility will be made publicly available.