Camco Secures USD 107 M First Close for REPP 2 Fund

Camco, a climate and impact fund manager, has announced the first close of its REPP 2 debt fund with USD 107 M secured and an additional USD 78 M committed, pending certain conditions. The fund is designed to invest in renewable energy projects to build the “grid of the future” in Sub-Saharan Africa.

Backed by the Green Climate Fund (GCF), Norfund, FMO, BIO, Ceniarth, and the Renewable Energy Performance Platform (REPP)—which UK International Development funds—the achievement underscores Camco’s mandate to advance the energy transition in emerging markets.

REPP 2 is structured as a blended finance facility that funds small and medium-scale renewable energy projects. Managed by Camco, the fund is positioned to generate meaningful climate, economic, and gender impacts while accelerating Sub-Saharan Africa’s energy transition. It aligns with global efforts to achieve net-zero goals by expanding access to clean and sustainable energy solutions across the region.