AI-enabled investment in clean energy solutions
Catalyzing billions of dollars to scale energy access and drive climate resilience
FAIR: Investing in household energy
The Facility for Adaptation, Inclusion, and Resilience (FAIR), managed by Nithio, is an open-ended private investment vehicle.
It was created to respond to the imminent need for investment in companies that sell household energy products to increase connectivity, improve livelihoods, and build climate resilience. As an AI-informed investment manager, we deliver risk-adjusted returns and impact to investors.
Lending is powered by our Risk Analytics Engine, which combines customer repayments and geospatial socioeconomic data into our AI models to predict performance and accurately price risk.
About FAIR
- Uses a blended finance approach to obtain sustainable returns for all capital layers.
- Fills a market gap by funding both local and international distributors and scales with them as they grow.
- Provides a range of debt instruments: inventory & receivables-backed loans and working capital loans.
- Offers local currency solutions through FX hedging or local bank partnerships.
EDFI-ElectriFI is excited about Nithio’s innovative approach to standardizing understanding of risk in the sector to scale energy access financing to reach all end users, including last-mile and we are really thrilled with the partnership with such a great team.
Innovative Financing Solutions
Scaling productive use appliances
In collaboration with CLASP, we support the scale-up of the productive use appliance market, such as solar water pumps, electric cookers, and more. We provide financing and support to companies such as SunCulture to increase energy demand, create jobs, boost productivity, and reduce carbon emissions.
Supporting local solar distributors
Nithio’s investments to Winock, a local distributor in central Nigeria, have enabled the company to scale and attract additional financing. Winock’s solar efficiency products, including sewing machines, water pumps, and more, provide their customers with a 40% savings on electricity expenses.
Financing global industry leaders
We support industry leaders, such as SunKing, as they continue to grow their impact in Africa. Founded in 2007, SunKing’s solar home energy solutions are used by over 15 million households in 40 countries. These products offset 25 million tons of CO2 and have saved customers $5 billion in dirty energy expenses.
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