A consortium of investors including a major European DFI and a European family office were contemplating a US$ 15M investment into a rapidly scaling off-grid energy business in West Africa with a combination of debt and mezzanine financing to fund its expansion into multiple West African countries. OCA was engaged by the investors to perform commercial and operational due diligence on the target to evaluate the risks of such an investment and inform their investment decision.
OCA supported the investors by:
The investors used the due diligence materials as a core decision tool for their respective investment committees and received approval for the investment. The consortium of investors ultimately made an investment of over US$ 15M of senior secured debt and mezzanine financing to fund country expansion and customer receivables growth.