Description

Power and Renewable Energy

ENIDC supports the development of renewable energy and sustainable energy infrastructure that contributes to Eswatini’s industrialisation and long-term economic growth.

Our focus is on financing projects in areas such as solar energy, biomass, biogas, waste-to-energy, energy storage, and other clean energy technologies, as well as projects that support local energy production and industrial applications.

Through targeted financing, ENIDC seeks to promote energy security, local value addition, investment in clean technologies, job creation, skills development, and the growth of sustainable energy value chains.

Funding Pockets

At the moment we provide one or a mix of the following funding structures: –

• Debt
• Equity
• Work-Order Financing

Our requirements

Applicant enterprises must satisfy all applicable corporate governance, statutory, regulatory, and compliance requirements, and demonstrate a clear and credible financial commitment from shareholders. Target projects must demonstrate strong underlying economic merit, including financial viability, long-term sustainability, and the potential to generate meaningful local value addition and economic impact.

Projects must also comply with all applicable environmental requirements and demonstrate strong positive social and developmental benefits. In addition, applicants are required to fully comply with ENIDC’s prescribed application  checklist  https://www.enidc.org.sz/applications/, providing all required information and supporting documentation. Compliance with the checklist forms an integral part of the assessment process and will be considered in determining the project’s eligibility for funding.