November 29, 2023

Celebrating Excellence & Integrity


Firms collaborates to finance SMEs, individuals on renewable energy

BERKSHIRE Finance Company Ltd., has partnered with Reohob Nigeria Limited to finance individuals and small and medium-sized enterprises in the acquisition and installation of renewable energy solar solutions.

The collaboration aims to accelerate and expand financing of sustainable clean energy solutions, while also powering households and commercial activities nationwide.

The firms, in a statement yesterday, said they recognise the need to align with the Sustainable Development Goals (SDGs) and urgency to embrace climate-friendly energy sources.

Chief Executive of Berkshire, Ayokunle Ilesanmi, said: “We are excited to have partnered with Reohob on the delivery and launch of this important scheme.

“Berkshire believes that the solution to the energy challenge is to re-direct capital towards renewable energy sources, and we are very blessed to be executing this critical action in line with our short to mid-term strategy.”

On his part, Chief Executive Officer of Reohob, Rere Obaisi, is certain that so many Nigerians love the idea of uninterrupted power, especially as a safer solution for erratic power and climate change.

“We have collaborated with Berkshire to promote this transition, and make it as convenient as possible, no more one-off payment,” he emphasised.

With joint sustainability objectives, the project would provide flexible financing options to individuals and businesses in line with the parties’ mantra.

The Laurels International Magazine


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