Home Communication and Renewable Energy Infrastructure (CREI) Communication and Renewable Energy Infrastructure (CREI)Source: Shutterstock In brief Finnfund has invested in Communication & Renewable Energy Infrastructure (CREI) to provide energy as a service to a telecom stakeholder in South Sudan by developing, building, operating, and maintaining energy assets. Source: Shutterstock Main development impact The hybrid power solutions will reduce mobile network operator (MNO) emissions and lower energy costs while ensuring high-quality telecom services. The project will contribute to a significant increase in solar power production and a decrease in diesel usage. Enhancing the reliability of the connection in a country with one of the world's poorest mobile connections is expected to benefit over 2 million people. Investment details Name: Communication & Renewable Energy Infrastructure (CREI) Project number: 80000476 Region: Africa Country: South Sudan Sector: Digital infrastructure and solutions Signing date (month/year): June 2024 Currency: USD Finnfund's financing (commitment): 5,000,000 Instrument: Loan Size of the project financing: USD 20,000,000 Share of Finnfund's financing (%): 25 % Part of the European Fund for Sustainable Development Plus (EFSD+): Yes Status: Active Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.June Read our transparency and disclosure policy More information: News Current investments Business sectors Contact us Key facts Name: Communication & Renewable Energy Infrastructure (CREI) Sector: Digital infrastructure and solutions Region: Africa Country: South Sudan Currency: USD Finnfund's financing (commitment): 5,000,000 Signing date (month/year): June 2024 Last update: 13 December 2024