Page 147 - UUBO Deal Academy 2020 - Materials

Eligibility criteria – Performance Based Grant

REA initiated an RFQ selection process to determine eligibility of applicants

Technical Financial Other

Requirement Requirement Requirements

• Developed and • Total assets exceed • World Bank eligibility,

operated 1 mini-grids total liabilities absence of conflict of
of more than 10kW • Ability to secure interest
since 2014 equity • Compliance with REA

• Requirements met by • Ability to secure debt and World Bank E&S
at least one JV standards

partner • Requirements met by • Applicants will have
at least one JV
partner to submit a business
plan that complies in

form and substance
with the REA

template

• Requirements met all

JV partners

01