Gide, counsel to Camusat on signing an innovative multi-country financing facility
9 September 2021
Deals | Africa | Projects (Finance & Infrastructure)
Gide has advised Aktivco, Camusat group's ESCO investment vehicle, market leader in Africa in assets management for telecoms energy infrastructure, on the signing of a EUR 60 million 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 strengthens Aktivco’s capacity to fund and rapidly deploy new ESCO projects, and therefore its ability to expand faster on new markets to reach its target of 10,000 ESCO sites by 2025.
Gide was legal counsel on the operation, with a team comprising partner Marie Bouvet-Guiramand, and associate Claire Labouré.