Funding PNG's Electrification: Vanimo Case Study

Our recent impact investments have provided financing in the off-grid electrification and agri business sectors Palladium impact investment EXAMPLES PEG AWIA KANIA POWER FOR THE PEOPLE Business model Palladium Investment Terms FFORDABLE ENERGY FOR THOSE WHO NEED IT Distributor of solar home systems (SHS) on credit to households in West Africa • Loan agreement to finance SHS' purchase to expand operations in Ghana and CDI ° 3 Year term Security on the Receivables 4.3k tons of CO2 CO2 and black carbon emissions avoided Social Impact - Baseline Data 305 full-time employees 15k Solar Home Systems Sold Jan-Dec 2017 MM 34k rural customers provided with access to energy -US$ 5M savings from customers (assuming $12 saved a month per system) Company data on job creation and gender lens 44% female full- time employees 2 women in senior management roles (18%) 20k rural customers provided with free insurance for hospitalization 2 women on the board (29%) Naasakle Business model . Woman-led business that manufactures shea butter, bridging the gap between ~5,000 rural women nut pickers in Northern Ghana and global shea butter demand Loan agreement to finance ~70% fixed assets, (to top up in follow-on funding rounds) Palladium Investment Terms • 3 years term • Floating security on assets to be purchased with funding Social Impact - Theory of Change Causal impact pathway Employees 12 ST Increased use of health services Increased income Nut pickers Company Increased household well-being More formal jobs & people accessing national benefits (i.e pension) Processors can afford health related costs Processors produce more quality Shea butter, with potential to receive bonuses. Nut pickers sell more nuts at a higher price without prejudice to the environment Women use group for education and health) relate costs Company increases profit and reinvests it Processors register their dependants Processors increase productivity and quality of nuts processed Nut pickers increase quality of nuts collected Women organise themselves in a Susu group Company can sell more quality products Employees are aware of the opportunity to insure themselves and 5 dependants Processors increase practical knowledge & financial literacy Company provides health Company provides training insurance to employees Nut pickers reduce risks of spoilage & waste of quality nuts Company provides warehousing & free transportation, and training on how to collect quality nuts Nut pickers increase practical knowledge on BD/cooperative development Company provides training to nut pickers Company receives quality supplies and staff can process it efficiently Company 5

View entire presentation