Portfolio

Industry Capital Africa Partners UK 

Pambegua Project: Rural grid rehabilitation for renewable energy access and C&I 


Partners: Industry Capital Advisors UK LLP (Lead), Ecof Kaduna Limited, Energy Company Of The Future Limited

Country: Nigeria

Technology: Smart green grids, including mini and main grid technologies

Stage: Late

Stage: 9

Konexa was created to address the need to develop and invest in electrical distribution networks in Sub-Saharan Africa. Konexa aims to achieve operational efficiencies across its on-grid and off-grid initiatives by implementing and utilising utility system technologies, common systems and processes, and leveraging synergies across infrastructure assets such as call centres, customer service centres and operations and maintenance resources. In addition, Konexa can cross-subsidize the provision of reliable energy to lower-income grid-connected residential customers and off-grid customers with a significant revenue base of these anchor customers.

This project aims to extend our business model into rural areas by leveraging PPAs with rural C&I customers and rehabilitating existing utility assets to serve surrounding communities from our centralised generation site, while serving smaller communities with mesh grids and solar home systems.