Opic joins Repp to support renewables

The US Overseas Private Investment Corporation (Opic) and the Renewable Energy Performance Platform (Repp) have announced an agreement to facilitate cooperation on renewable energy projects in sub-Saharan Africa. Under a memorandum of understanding, Opic will partner Repp to identify projects that could benefit from their support and assistance, beginning from early-stage development. “The intention is to identify strong projects that would be eligible for Opic financing at an early stage so that with Repp assistance, the projects have a higher likelihood of being financed and achieving their intended development impact,” a joint statement said.