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an SME Ghana Award in 2018 and the Ghana Energy Award for Off Grid Energy
Solution 2018. The company features on the London Stock Exchange Group list of Companies to Inspire Africa 2017 in the Renewable Energy category, and in 2018 was the subject of a Harvard Business School case study. In 2019,
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The company was founded in 2013 by Hugh Whalan (CEO) and Nate Heller (COO). Whalan and Heller had previously run a solar financing and distribution company called Impact
Energies in Ghana, which was acquired in 2013 in the first off-grid solar exit in Africa. Whalan also started the first
209:, and PCG Investments, among others. In late 2016, the company extended its operations to the Ivory Coast, in 2018 to Senegal and in 2019 to Mali. In March 2019, the company announced a $ 25 million Series C round taking the total funding raised by PEG to $ 50 million USD.
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236:. Under the Boafo initiative, the company has also established a Learning Center and improved the Community Health Facility in Amotare, a rural community near Begoro.
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169:. The company provides loans for pay-as-you-go (PAYG) solar power home systems and solar water irrigation to customers that do not have access to an
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228:(CSR) initiative in Ghana named PEG Boafo. The initiative aims to provide education and healthcare support to remote communities in
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After commercial launch in 2015, the company had over 10,000 customers and 29 service centers across Ghana by 2016, and closed its
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round with a total of $ 7.5 million. In 2017, the company raised a further $ 13.5 million through a combination of debt and
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719:"Blue Haven Initiative: The PEGAfrica Investment - Case - Faculty & Research - Harvard Business School"
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224:’ awards. In 2017, the company introduced free hospital insurance for its customers and in 2018 started a
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348:"Ghana's leading off-grid solar company PEG raises $ 7.5 million to expand activities in West Africa"
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205:, Investisseurs & Partenaires (I&P), ENGIE Rassembleurs d’Energies, Impact Assets,
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232:. In March 2018 PEG provided lighting systems for a school and a medical facility in the
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PEG became the first company to qualify for the 2x challenge for gender equality.
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201:. Investors across both rounds of funding included Energy Access Ventures (EAV),
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442:"Energy In Common: New Microfinance Venture Fights Poverty with Clean Energy"
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644:"PEG Africa extends education and health support to rural community in E/R"
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467:"PEG raises US$ 13.5 million for off-grid home solar in West Africa"
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may have been created or edited in return for undisclosed payments
743:"We're investing in West Africa's leading off-grid solar company"
173:. The loans are repaid by customers in small increments, using
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619:"PEG Africa supports three rural communities in Volta Region"
420:"PV Talk: PEG Africa on the evolution of pay-as-you-go solar"
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545:"Solar Company PEG Africa Raises $ 25m In Series C Funding"
177:. The solar power home systems can be used by customers as
37:. It may require cleanup to comply with Knowledge (XXG)'s
669:"PEG Ghana recognised for off-grid energy solutions"
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492:"Solar company PEG Africa secures $ 13.5m funding"
266:"Five African tech trends to look out for in 2018"
518:"Blue Haven Initiative: The PEGAfrica Investment"
322:"Blue Haven Initiative: The PEGAfrica Investment"
190:crowdfunding site for energy lending in 2009.
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212:Since 2016, PEG Africa has been awarded the
181:for loans on further products and services.
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794:Financial services companies of Ivory Coast
594:"PEGAfrica overview on Benefit corporation"
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789:Financial services companies of Senegal
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804:Ghanaian companies established in 2013
569:"2018 B Corp Best for the World Lists"
809:Ivorian companies established in 2013
161:corporation, financing and deploying
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799:Financial services companies of Mali
395:"PEG on London Stock Exchange Group"
297:"PEG Africa wins top industry award"
33:, a violation of Knowledge (XXG)'s
369:"PEG Africa won 2017 Ashden Award"
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226:corporate social responsibility
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814:B Lab-certified corporations
698:London Stock Exchange Group
399:London Stock Exchange Group
245:Innovative Finance in 2017,
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779:Companies based in Abidjan
241:International Ashden Award
165:to households and SMEs in
784:Companies based in Bamako
199:Series B equity financing
157:(also known as PEG) is a
774:Companies based in Accra
522:Harvard Business School
326:Harvard Business School
203:Blue Haven Initiative
43:neutral point of view
116:Abidjan, Ivory Coast
598:Benefit corporation
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694:"Renewable Energy"
543:Nsehe, Mfonobong.
222:best for the World
218:best for Customers
524:. 2 February 2018
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375:. 31 May 2017
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107:Headquarters
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67:Company type
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35:terms of use
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723:www.hbs.edu
703:23 November
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278:23 November
230:West Africa
167:West Africa
163:solar power
137:West Africa
132:Area served
102:Nate Heller
83:Solar power
768:Categories
753:2021-04-22
728:2021-04-22
679:2019-04-05
554:2021-04-22
452:2021-04-22
252:References
179:collateral
159:for profit
155:PEG Africa
50:March 2021
747:CDC Group
422:. PV Tech
446:HuffPost
271:BBC News
97:Founders
77:Industry
471:PV Tech
220:’ and ‘
185:History
143:Website
89:Founded
71:Private
549:Forbes
373:Ashden
274:. 2018
207:Acumen
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