CBE secures $200M For Africa Renewables Expansion

Key Figures & Findings: CrossBoundary Energy, a leading provider of renewable power solutions for Africa’s commercial, industrial, and mining sectors, has secured USD 200 million in senior debt to scale its infrastructure portfolio across the continent. The financing round, anchored by Standard Bank of South Africa, with a wide group of new lenders including Absa CIB, The Mauritius Commercial Bank, the Facility for Energy Inclusion, DEG, and FMO.

Statistics & Insights:

• Total Debt Raised: $200 million in senior debt.

• Key Project Example: The funds will support projects such as the 30 MW Kamoa-Kakula Solar photovoltaic and battery energy storage systems (BESS) Baseload Project in the Democratic Republic of Congo (DRC).

• Debt Tranche Recognition: The initial USD 140 million tranche of the facility was recognized as IFLR’s Loan Deal of the Year in Africa in 2025.

• Other Financing: CBE also secured a USD 495 million guarantee framework from the Multilateral Investment Guarantee Agency (MIGA) earlier in the year.

Future Implications: If deployed as planned, the new capital could position CBE to become one of the largest C&I renewable energy providers in Africa, with the Kamoa-Kakula project serving as a blueprint for baseload solar and hybrid systems across mining-heavy markets. 

Source:  Powerline

Quick Take: CBE lands USD 200m to power Africa’s C&I grid ⚡🌍