InfraCo is an infrastructure project developer owned by donor governments that is working on renewable energy projects in sub-Saharan Africa. It has developed the first wind power public-private partnership in sub-Saharan Africa and is working on additional wind, hydro, and solar-diesel projects. However, targeted subsidies, feed-in tariffs, and development finance institutions willing to take risks are still needed to further trigger renewable projects. Renewable projects also require patient capital to succeed.

1. Workshop 2
Global Energy Basel
February, 2012

2. Who is InfraCo?
• An infrastructure project developer
• Owned by donor Governments through the Private Infrastructure Development
Group (“PIDG”)
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3. Renewables - What are we doing?
1. Cabeolica - The first project financed wind PPP in Sub
Saharan Africa
2. Developing a series of landmark wind projects in other
countries in Sub Saharan Africa
3. Developing a large hydro project in Southern Africa
4. Developing Solar – Diesel applications

4. What is missing?
– Sensible, targeted subsidies or feed-in tariffs are
needed in many countries to trigger renewable
projects
– Development Finance Institutions that take risks
rather than making safe bets.
– Talented and persistent development teams

5. One thing to remember
Renewable projects need patient capital to succeed