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Mirova has announced a $15 million senior secured facility for iSAT Africa Mauritius, a rural connectivity platform, to support the deployment of fully solar-powered mobile towers in Liberia and Zambia.
The 10-year facility will finance the rollout of scalable network-as-a-service and energy-as-a-service solutions as part of iSAT’s broader 1,000-tower expansion strategy across sub-Saharan Africa. The towers, financed by the Mirova Gigaton Fund, will be entirely off-grid, powered by solar energy and battery storage.
John Kimotho, investment director at Mirova Kenya, said, “This investment reflects Mirova’s ambition to accelerate the clean energy transition in hard-to-abate sectors, while delivering tangible social benefits. By supporting iSAT’s solar-powered tower deployments, we are helping reduce emissions from telecom infrastructure and enable digital inclusion in remote rural areas.”
“We are delighted to partner with Mirova, whose commitment to sustainable infrastructure aligns with iSAT Africa’s mission to bridge the digital divide across the continent. This partnership validates our integrated model combining telecom infrastructure, renewable energy, and innovative services for scalable connectivity in underserved markets. By deploying solar-powered telecom infrastructure, we are building a resilient platform that expands coverage, reduces carbon emissions, and accelerates inclusive digital and economic growth across rural communities,” said Rakesh Kukreja, CEO of iSAT Africa.
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