Ahead of Unlocking Solar Capital Africa this November 1-2, GOGLA talks to Lauren about Blue Haven Initiative’s involvement in the off-grid space.
Q: Many thanks for joining GOGLA for this Q&A Lauren. Can you tell us a little about Blue Haven Initiative’s operational strategy and your involvement to date with the energy sector, and in particular the off-grid energy sector?
A: Blue Haven Initiative (BHI) is a single family office with $50 million dedicated to making early stage direct investments. We focus most of our time in sub-Saharan Africa, making equity and debt investments into early stage businesses in the renewable energy and fintech sectors. We chose these sectors because we believe they are core to economic growth and will probably look very different than the traditional banking and energy sectors that many of us are familiar with in North America or Europe. To date, we have made six investments in the renewable energy sector, including four in sub-Saharan Africa: M-KOPA, PEG Africa and CrossBoundary Energy.