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Crimson Capital News Details

April, 2015

Renewable Energy and Energy Efficiency Finance Training in Nigeria

As part of the USAID-funded Renewable Energy and Energy Efficiency Program in Nigeria (REEP), during April, Crimson designed and delivered a training program in Energy Efficiency (EE) and Renewable Energy (RE) finance for 27 Ecobank front-office staff. Designed to compliment Ecobank’s RE/EE residential loan product, the training covered an overview of the RE/EE sector in Nigeria, energy savings calculators, energy audits, RE and EE technologies, and sourcing an evaluating RE and EE projects. Crimson also designed and delivered a half-day course to introduce basic concepts of RE/EE finance for management and front-office staff from Diamond Bank, Wema Bank and La Fayette Microfinance Bank.

Funded by the US Agency for International Development, REEP is a four-year activity designed to support the development and financing of renewable energy and energy efficiency projects and to strengthen the enabling environment for public and private sector investment in RE and EE. Crimson contributes to REEP under a subcontract to Winrock International.