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Camusat Group’s Aktivco Division signs innovative multi country financing facility to boost its energy efficiency business growth
Camusat Group at a glance:
- Footprint on 5 continents
- 2,200 direct employees counting over 50 nationalities
- Shareholders: Equistone Partners Europe (https://www.equistonepe.fr/home)
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Aktivco, Camusat Group investment vehicle, market leader in Africa in assets management for telecom energy infrastructure under ESCO* model, announces the signature of €60 M multi country financing facility to boost its energy efficiency business growth.
Through an innovative financing structure arranged by FEI, the Facility for Energy Inclusion fund managed by Lion’s Head Asset Management, Aktivco will be able from now on to directly finance each of its local operating companies.
This deal reinforces Aktivco’s capacity to fund and rapidly deploy new ESCO project, and therefore its ability to faster expand on new markets to reach its target of 10,000 ESCO sites by 2025. The Group will thus better meet the Operators’ needs for efficient and green energy on telecom sites and optimization of their networks while funding its deployments with the support of financial institutions with a strong ESG focus.
Richard Thomas, President & CEO of Camusat Group:
” We are very happy with this new financial agreement which represents another important step in the maturity of Aktivco, our “Energy as a Service” division. I would like to personally express my appreciation for our Lenders’ and LHGP Asset management teams, as well as Camusat Group’s financial team for their hard work to make this agreement possible!
From our pioneering position in ESCO business model and energy efficiency management, we recognize our responsibility within the global efforts to fight against climate change and reshape the telecom world for “cleaner” communications as an integral part of our native structure. Thus, in terms of our commitments, we work hand in hand with the mobile operators for our common objective to de-carbonize the telco market and reduce the telecom operations’ carbon footprint.
The new Facility Agreement we have signed supports us to faster extend our ability to transform telco energy into sustainable business models through the deployment of the most competitive mix of available conventional and renewable energies and energy efficiency management. Naturally, Aktivco positively impacts as well the development of the local communities and social environment where we are present, as we create sustainable jobs, promote diversity and gender equality, provide professional development for local people and actively support environment protection conduct.”
* ESCO (Energy Service Company)
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