E+Co has also mobilized a of USD 280 million for the purpose of (E+Co, 2011). The impact of the finances made so far is enormous; a total of 6.2 million people have been served with clean energy to date, 309,000 micro enterprises and non-household users have been served with modern energy, an income of USD 7 million generated and 5300 jobs created. A total of 4.6 million tons of carbon dioxide emissions have been reduced through the E+Co investment and an equivalent of 910,000 barrels of oil have been displaced. Also 1,153,000 tons of firewood and charcoal have been displaced (). E+Co’s portfolio return after write offs and before costs now stands at 8.7% and a total of USD10 million has been repaid to investors (E+Co, 2009). 2.2: E+Co Investment by Product Product Percentage (%) Debt 64 Equity 23 Both 13 Total 100 Source: E+Co Annual Report (2009) Table 2.3: E+Co Investment by Renewable Energy Technology Renewable Energy Technology Percentage (%) Biomass 26 Biogas 4 Hydro 16 LPG 8 Cook stoves 12 Other 4 Solar 30 Total 100
E+Co has also mobilized a of USD 280 million for the purpose of (E+Co, 2011). The impact of the finances made so far is enormous; a total of 6.2 million people have been served with clean energy to date, 309,000 micro enterprises and non-household users have been served with modern energy, an income of USD 7 million generated and 5300 jobs created. A total of 4.6 million tons of carbon dioxide emissions have been reduced through the E+Co investment and an equivalent of 910,000 barrels of oil have been displaced. Also 1,153,000 tons of firewood and charcoal have been displaced (). E+Co’s portfolio return after write offs and before costs now stands at 8.7% and a total of USD10 million has been repaid to investors (E+Co, 2009). 2.2: E+Co Investment by Product Product Percentage (%) Debt 64 Equity 23 Both 13 Total 100 Source: E+Co Annual Report (2009) Table 2.3: E+Co Investment by Renewable Energy Technology Renewable Energy Technology Percentage (%) Biomass 26 Biogas 4 Hydro 16 LPG 8 Cook stoves 12 Other 4 Solar 30 Total 100
DISSERTATION_%2D_MAGALI.docx