development

Local power from local energy

Our projects result in energy infrastructure that is controlled and operated by local government or their appointed entities.  Local government will own the projects directly or indirectly through vehicles (existing or new) owned by government.  This is how G&A and its financial and technical partners ensure that the low cost of finance and the strong performance guarantees come to benefit the local population. Minority stakes in the projects are eligible for reasons of community endorsement, local management, technical support and maintenance of the generation and access projects and/or the complementary programmes for sensibilisation, education and co-creation. An important role is for organisation that can develop local project rights and permits and can coordinate the development of sensibilisation, education and co-creation of Access projects.

  • Local governments or related entities become the owners of infrastructure.
  • Planning of generation projects fits the country’s agenda for renewable energy.
  • Planning and growth in access projects is community based.
  • Management, operation and maintenance of the infrastructure is (sub)contracted locally.

An engine for growth

Generation projects run on revenue from the sale of electricity to pay for the OPEX and the depreciation of CAPEX.  The projects result in sufficient free cash flow and a debt service reserve account to buffer variations in revenue.  The business plan covering CAPEX and OPEX leads to a self-supporting operation that generates renewable energy and provides free cash flow to fund Access projects and a community programme for sensibilisation, education and co-creation.

Access projects are funded using free cash flow from the generation projects and require a payback of CAPEX over less than 5 year.  Revenue in access projects comes from sale of energy, which can be paid form better efficiency and more growth.

  • Efficiency: savings in fuels.
    Small diesel generators operate at a cost up to 500€/MWh, renewable energy can be as low as 75€/MWh.
  • Growth: new economic activity.
    Local access to energy allows for new initiatives and small business the emerge (e.g. growing food for the local market using solar pumped irrigation)