Managing Partner Matt Tilleard was interviewed by Chadbourne & Parke's Project Finance Newswire on Negotiating Corporate PPAs in the Middle East and Africa. Mr. Tilleard described how "we spend all our time thinking about how can we structure these contracts to address practical concerns."
CrossBoundary was featured in the UBS paper for the World Economic Forum, "Mobilizing private wealth for public good." The paper describes how CrossBoundary Energy - co-led by UBS Global Visionary Matt Tilleard - enables African enterprises to overcome the "technical risk and upfront infrastructure costs" of solar.
CrossBoundary Energy was featured in a recent Stanford publication, "The Outlook for Utility-Scale and Commercial & Industrial Solar Projects in East Africa." The paper discusses how CrossBoundary's financing for solar PPAs "[injects] critical liquidity into the new market and [allows] developers to rapidly recycle capital."
CrossBoundary Director Wilmot Allen spoke on CNBC Africa's Powering Africa Dialogue Series. He discussed the energy landscape and CrossBoundary's approach to the sector. As described by Mr. Allen, CrossBoundary Energy offers "an opportunity to complement the need and resourcing of rural electricity and solar home systems."
CrossBoundary Energy was cited as an example of "decentralized green energy efforts" working to meet Africa's energy needs. Managing Partner Matt Tilleard explains in the article that "in Kenya, 70 percent of electricity consumption is businesses...That’s our niche.”
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Convergence - a platform that supports blended finance deals in emerging and frontier markets - released a case study on CrossBoundary Energy. It examines USAID's innovative subordinated capital investment into the fund and reviews the SPV structure used by CrossBoundary Energy to raise project-level debt.
Managing Partner Matt Tilleard was selected to be a UBS Global Visionary - thought leaders who are at the forefront of innovation - for his work co-leading CrossBoundary Energy. In his UBS Global Visionary video, Mr. Tilleard explains how CrossBoundary Energy applies a "PPA model to encourage the adoption of solar by businesses in Africa."
Early this summer, Managing Partner Matt Tilleard was interviewed by GreenTech Media's "The Interchange" podcast, where he discussed how CrossBoundary Energy "wrote a commercially bulletproof PPA, wtructured capital, and assembled the relevant insurance" to deliver a "PPA in a Box" for commercial solar installers in Africa.
The Interchange features conversations with energy experts that go beyond the headlines to get to the center of cleantech's changing business.
Senior Associate Femi Fadugba was a panelist at the GIZ Sustainable Finance Workshop in Nairobi, where he spoke about financing opportunities for Commercial & Industrial solar in Africa.
In June, Senior Associate Femi Fadugba was a panelist at the Kenya Renewable Energy Congress briefing in Nairobi, where he spoke about opportunities for growth in Commercial & Industrial solar in East Africa.
In the Financial Times' This is Africa publication, Managing Partners Matt Tilleard and Jake Cusack discuss how micro-grids can unlock productive power and serve as the building blocks of smart grids in Africa - "leapfrogging" traditional utilities and grid systems.
In a recent article, "Renewable Energy Mini-Grids: Unlocking Africa's Rural Powerhouse," the Alliance for Rural Electrification highlighted CrossBoundary Energy as an organization that "will add to and amplify this investment potential" in the renewable energy sector.
In their article, "New funding model opens up for C&I solar in Africa," Solarplaza describes how CrossBoundary Energy's PPA-in-a-box empowers solar developers to offer renewable energy solutions to African enterprise - providing "the missing piece of the puzzle for commercial and industrial solar adoption."
CrossBoundary Energy is a finalist for the FT/IFC Transformational Business Awards' Achievement in Transformational Finance. The Awards highlight ground-breaking, long-term private sector solutions to key development issues. Fellow finalists include Bank of America Merrill Lynch, MasterCard, MicroEnsure, and the Nature Conservancy/JPMorgan Chase.
The Economist opened a recent article on middle income growth in Africa ("A matter of definition: Who are Africa’s affluent consumers?") with a description of Nairobi's Garden City Mall, "where SUVs wait under solar-panelled shades." Those solar panels, providing 1,450 kWh of power annually for the mixed-use development, are financed by CrossBoundary Energy.
CrossBoundary Energy will be a speaker at the inaugural Kenya International Renewable Energy Congress (KENREC), to be held in Nairobi from October 3rd to the 5th. The event will showcase Kenya's renewable energy potential across Commercial & Industrial, utility scale, and off-grid applications.
Managing Partner Jake Cusack was a panelist at this year's Social Enterprise Conference, hosted by Harvard Kennedy School and Harvard Business School. Mr. Cusack participated in the panel "From Zero to Sixty: What it takes to launch an investment fund," where he discussed the launch of CrossBoundary Energy.
CrossBoundary Energy Managing Partner Jake Cusack was a moderator at the Africa Business Conference, hosted by Harvard Business School. Mr. Cusack's panel, "Building a Sustainable Energy Enterprise for the African Market," featured organizations including PowerGen Renewable Energy and Off Grid Electric.