REA, FCMB, Others Launch $188 million Fund to Finance 191mw Solar Capacity

The Green Finance Investment Facility (GFiF), a blended concern level to mobilise large-scale backstage and organization concern into distributed renewable vigor infrastructure crossed Nigeria, has officially launched.

The facility, led by Barton Heyman Limited successful concern with the Rural Electrification Agency (REA), UK PACT, First City Monument Bank (FCMB), and ARMHIIL, aims to rise $188 cardinal to concern 191 megawatts of distributed star capableness for households, communities, and businesses crossed Nigeria.

The inaugural besides supports the Distributed Access done Renewable Energy Scale-Up (DARES) programme, a nationalist effort to grow energy entree done decentralised renewable vigor solutions.

Launched connected May 7, 2026, successful Lagos, the level brought unneurotic fiscal institutions, renewable vigor developers, policymakers, and improvement concern stakeholders.

Its extremity is to unlock financing solutions that accelerate vigor access, trim financing gaps, and enactment Nigeria’s modulation to cleaner, much susta...