Advisors

Creating a better world requires teamwork, partnerships, and collaboration… We’ve assembled an impressive group of advisors to provide us the knowledge and expertise we need in important areas, critical to our success.

External Auditors:  Baker Tilly DGP & Co

Baker Tilly is a member of Baker Tilly International, the world’s 8th largest accounting network by combined fee income of its independent members. It is represented by 149 firms in 125 countries, with a combined fee income of US$3.2bn and more than 24,000 people worldwide. The firm was established in Tanzania in 1956. It is one of the leading medium sized audit and consultancy firms in Tanzania, with more than 300 clients. Their services include statutory, management, and compliance audits, as well as a full range of due diligence.

Legal Advisors:  Keating, Meuthing, & Klekamp PLL

Keating, Meuthing, & Klekamp is the largest first generation law firm in Cincinnati, OH. The firm has specialized practice areas dedicated to small and mid-sized enterprises (Emerging Business Team) and has the depth of legal talent, to be able to provide a full range of in-house legal representation. Their practice areas include litigation, mergers & acquisitions, real estate, labor & employment law. The firm represents clients of all sizes, from small start-up companies to Fortune 100 corporations.

Legal Advisors:  Bravehill Attorneys

Bravehill Attorneys operates in offices across the United States, Botswana, the Democratic Republic of Congo, Kenya, Uganda, Nigeria, Jamaica and in association with offices in England and Wales.  The firm has been strategically organized to provide complete cross-border legal expertise with a major focus on the emerging markets in sub-Sahara Africa.  The Company is working with representatives from the Washington DC office.

Financial Services: TIB Corporate Bank Limited (Tanzania Investment Bank)

TIB Corporate Bank Limited (Tanzania Investment Bank) is a fully fledged commercial bank owned by the Government of Tanzania.  The Bank has three branches in Dar es Salaam and upcountry branches in Arusha, Mwanza, and Mbeya. Stanbic Bank Tanzania provides a full range of consumer, business, and corporate banking services. TIB Corporate Bank is the Company’s lead bank and provides credit support for hydropower and village scale projects.

Financial Services: Bank of Africa

Bank of Africa, Tanzania is part of the Bank of Africa Group, which operates through a network of commercial banks in 18 countries.  Headquartered in Dakar, Senegal the Bank is majority owned by BMCE Bank, the second largest private bank in Morocco.  The Bank began operations in Tanzania in June 2007 and has a network of 27 branches; 14 in Dar es Salaam and 13 upcountry. The Bank of Africa provides the Company with credit support for utility scale solar projects and cash management.

Financial Services:  Fifth Third Bank, Cincinnati, OH

Fifth Third Bank is a U.S. regional banking corporation, headquartered in Cincinnati, Ohio at Fifth Third Center, and is the principal subsidiary of holding company Fifth Third Bancorp. In addition to traditional banking, they offer a full range of international corporate banking services including letters of credit and equipment finance, global trade solutions, treasury management and liquidity, investment banking, and risk management. Fifth Third Bank serves as our primary North American financial institution and global banking partner.

Strategic Advisors:  Energy 4 Impact

Energy 4 Impact, is a UK-registered non-profit organization that supports businesses that provide energy access to off-grid communities. They are specialists in private sector participation in off-grid energy access and have been commissioned by the International Finance Corporation under the Transactional Advisory Services Facility (TASF) program to provide advisory services to mini-grid developers to strengthen operating models, increase commercial viability and, ultimately bankability. Ruaha Energy has entered into an engagement with Energy 4 Impact under the TASF program to assist the company with developing its business model for the Company’s off-grid portfolio of projects.

Strategic Advisors: REPP

The Renewable Energy Performance Platform (“REPP”) was developed by the European Investment Bank (EIB) and the United Nations Environment Programme (UNEP) to deliver the UN SE4All objectives in Sub-Saharan Africa.  The program is managed by Camco Clean Energy and Greenstream.  REEP has entered into a support agreement with the Company to provide a facility to partially fund support for the technical, environmental, and financial structuring efforts required to develop a portfolio of four standalone one megawatt grid connected solar photovoltaic facilities in the Kilosa District.