ISLP is delighted to share that, together with our volunteers from Kirkland & Ellis led by partner James Boswell, we assisted in the development of a loan agreement enabling ISLP client Energicity, a rapidly expanding power provider in Sub Saharan Africa, to bring much-needed solar mini- and micro-grids to previously underserved communities in Liberia. Solar mini- and micro-grids and high capacity batteries such as those provided by Energicity allow communities that are out of reach of the local power grid to obtain low-cost, green power around the clock. The transformational change brought by such reliable access to electricity enables communities to thrive through, for example, greater access to health care and increased economic and educational opportunities.
Energicity shared that “The Kirkland team … carried us through with persistence and great legal advice… [that] was critical to getting the deal done and ultimately to providing electricity to tens of thousands of people in Liberia.”