Market Development
Development Bank of Nigeria Renewable Energy Portfolio Development
GreenMax was retained by KfW to support DBN with development of its renewable energy portfolio and engagement with partner FIs for a KfW subordinated credit line.
In 2020, GreenMax was retained by KfW to support the Development Bank of Nigeria (DBN) with development of its renewable energy portfolio and engagement with partner financial institutions for utilization of a subordinated credit line offered by KfW. The assignment included a market assessment of the sustainable energy financing opportunity in Nigeria, comprehensive review of DBN’s capabilities, and identification, recommendation and vetting of suitable FI partners from more than a dozen candidates that our team engaged with.