IFC Pledges $25 Million to Acumen’s Hardest-to-Reach Fund
The International Finance Corporation (IFC) has pledged up to $25 million to Acumen’s Hardest-to-Reach (H2R) Fund. The $200 million fund aims to deliver clean, affordable energy to underserved regions in Sub-Saharan Africa. It also supports global climate goals. The H2R Fund is divided into three equity tranches: senior, mezzanine, and junior, each worth $60 million. […]