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Gridworks Development Partners
https://www.gridworkspartners.com/Last activity: 09.02.2023
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Gridworks has been established by CDC as a dedicated developer and investment platform for electricity network investments, focused primarily on Africa.
We are backed by an initial commitment of more than $300 million from CDC, and the support of the UK Government and its Department for International Development (DfID).
We develop and then invest in critical electricity network infrastructure, whether on or off-grid. This includes utility concessions, public private partnerships, management contracts, rural electrification programmes, isolated grid systems, off-grid-to-on-grid investments, and utility services companies.
Working with governments, multilateral organisations and other investors, we bring flexible, patient capital to the sector. This is matched with considerable industry expertise stemming from CDC’s experience across the transmission and distribution spectrum. Over time, our work will accelerate the delivery of affordable, reliable power to people and businesses who need it.
We are backed by an initial commitment of more than $300 million from CDC, and the support of the UK Government and its Department for International Development (DfID).
We develop and then invest in critical electricity network infrastructure, whether on or off-grid. This includes utility concessions, public private partnerships, management contracts, rural electrification programmes, isolated grid systems, off-grid-to-on-grid investments, and utility services companies.
Working with governments, multilateral organisations and other investors, we bring flexible, patient capital to the sector. This is matched with considerable industry expertise stemming from CDC’s experience across the transmission and distribution spectrum. Over time, our work will accelerate the delivery of affordable, reliable power to people and businesses who need it.
Location: United Kingdom, England, Westminster
Employees: 1-10
Founded date: 2018
Investors 1
| Date | Name | Website |
| 09.02.2023 | British In... | bii.co.uk |
Mentions in press and media 9
| Date | Title | Description |
| 24.06.2022 | GRIDWORKS & THE GOVERNMENT OF UGANDA ANNOUNCE PILOT-PROJECT FOR PRIVATE INVESTMENT IN COUNTRY’S ELECTRICITY TRANSMISSION | GRIDWORKS AND THE GOVERNMENT OF UGANDA ANNOUNCE PILOT PROJECT FOR PRIVATE INVESTMENT IN THE COUNTRY’S ELECTRICITY TRANSMISSION SECTOR Gridworks and the Government of Uganda announce pilot project for private investment in the country’s elec... |
| 03.06.2021 | Gridworks / AEE Power / Eranove consortium signs concession agreements with Democratic Republic of Congo government on $100m solar-hybrid power project | The new companies that will provide power to three cities with half a million residents will be branded as Moyi Power. |
| 03.06.2021 | Gridworks / AEE Power / Eranove consortium signs concession agreements with Democratic Republic of Congo government on $100m solar-hybrid power project | The new companies that will provide power to three cities with half a million residents will be branded as Moyi Power. |
| 03.06.2021 | Gridworks / AEE Power / Eranove consortium signs concession agreements with Democratic Republic of Congo government on $100m solar-hybrid power project | The new companies that will provide power to three cities with half a million residents will be branded as Moyi Power. |
| 20.01.2020 | CDC Group boosts its commitment in pan-African solar power provider to $17.5m | CDC Group, the UK’s development finance institution and impact investor, has added to its renewable energy portfolio with a $10 million debt deal with Mettle Solar Investments. |
| 20.01.2020 | CDC Group boosts its commitment in pan-African solar power provider to $17.5m | CDC Group, the UK’s development finance institution and impact investor, has added to its renewable energy portfolio with a $10 million debt deal with Mettle Solar Investments. |
| 10.06.2019 | CDC launches new company, Gridworks, to invest in electricity networks across Africa | |
| 10.06.2019 | CDC launches new company, Gridworks, to invest in electricity networks across Africa | |
| 10.06.2019 | CDC launches new company, Gridworks, to invest in electricity networks across Africa |