Managing Partner Jake Cusack participated in a panel hosted by the African Leadership Foundation, "Infrastructure in Africa for the 21st Century", alongside Donald Gips, Senior Advisor to Blackstones Private Equity Group, and Ben Leo, Senior Fellow at the Center for Global Development.
SolarServer reported on the US$8m equity raise for CrossBoundary Energy. In the article, Managing Partner Matt Tilleard states "solar is now a viable alternative energy source for businesses in Africa. But it needs finance to be attractive.
Low Carbon Energy Investor interviewed Managing Partner Jake Cusack on the $8M first close of the CrossBoundary Energy Fund I. Mr. Cusack explains how CrossBoundary Energy provides "the tool kit and the financing for existing installers...to [sell] solar as a service through PPAs."
The $8M first close of the CrossBoundary Energy Fund I was included in the Wall Street Journal's Frontiers News Roundup. As explained in the news roundup, "The new fund brings to Africa a financing solution similar to that used by U.S. rooftop solar giant SolarCity, which allows customers to pay for the solar installation through their electricity bills rather than...
Managing Partner Jake Cusack was interviewed for France 24's "Eye on Africa." France 24 states that "amid a clear drive to find cleaner solutions, CrossBoundary Energy has announced Africa's first dedicated fund for commercial and industrial solar power."
PV Magazine published a piece on the $8M first close of the CrossBoundary Energy Fund I. In the article, Mercom Capital CEO Raj Prabhu notes, "this is one of the first funds that we are hearing about with the lease model" in Africa. CrossBoundary Energy offers fully financed Power Purchase Agreements to to Commercial & Industrial offtakers.