GEAPP and partners commit $12 million to accelerate mini-grid deployment in Nigeria
USD12M
Deal Value
GEAPP, All On, and IKEA Foundation committed $12 million to support the deployment of mini-grids in Nigeria, partnering with Odyssey Energy Solutions and RMI to accelerate the process.
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Counterparts (5)
Developer
Odyssey Energy Solutions
Odyssey Energy Solutions provides a platform for distributed energy project development, deployment, and management. They focus on streamlining the process for developers, investors, and end-users in the distributed generation space.
Rocky Mountain Institute (RMI)
Rocky Mountain Institute (RMI) is an independent nonprofit organization focused on accelerating the clean energy transition. They work to transform global energy use to create a clean, prosperous, and secure low-carbon future.
funder
IKEA Foundation
The IKEA Foundation focuses on creating systemic change to improve the lives of children and young people. Their work includes addressing climate change, promoting inclusive economies, and improving access to education and healthcare.
GEAPP
The Global Energy Alliance for People and Planet (GEAPP) is an initiative focused on accelerating clean energy transitions in emerging economies to combat climate change and expand energy access. They invest in renewable energy projects and technologies to drive sustainable development.
All On
All On is an impact investing company seeded by Shell that invests in off-grid energy solutions in Nigeria. They aim to improve access to affordable, reliable, and sustainable energy sources for underserved communities.
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Announced
Nov 16, 2025
Signed
Closed
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