NEoT Offgrid Africa

NEoT Offgrid Africa is a French private investment firm focused on financing decentralized renewable energy projects across the African continent. Established as a joint venture between Meridiam and EDF, and managed by NEoT Capital, the firm aims to address energy access challenges by supporting local populations, small and medium-sized enterprises (SMEs), and communities seeking reliable and clean off-grid electrification solutions. The firm has invested approximately €30 million in capital, deploying assets totaling €35 million, and has provided over 34,000 solar home kits and developed 65 mini-grids in countries including Benin, Côte d'Ivoire, Nigeria, Sierra Leone, and Uganda.

The firm's investment strategy encompasses various asset classes, including ESG and impact investing, infrastructure, private equity, and venture capital. NEoT Offgrid Africa focuses on early-stage, growth, and late-stage investments, with a geographical emphasis on Benin, Côte d'Ivoire, Nigeria, Sierra Leone, and Uganda. The firm has a diverse portfolio spanning multiple industries, such as renewable energy, off-grid energy, energy storage, solar energy, energy efficiency, infrastructure, technology, telecommunications, agriculture, healthcare, education, financial services, manufacturing, transportation, retail, and more. Investment sizes range from €1 million to €50 million, reflecting the firm's commitment to supporting scalable and impactful energy solutions across the continent.

NEoT Offgrid Africa's track record includes significant projects like the development of 65 mini-grids and the deployment of over 34,000 solar home kits, demonstrating its dedication to enhancing energy access in underserved regions. The firm's approach combines financial expertise with a deep understanding of local contexts, enabling it to effectively address the unique challenges of off-grid electrification in Africa. By partnering with local stakeholders and leveraging innovative financing models, NEoT Offgrid Africa continues to play a pivotal role in advancing the continent's energy transition and promoting sustainable development.