Why we invested

AV Ventures’ investment in Safer Power Limited expands working capital and finances inventory, which directly supports environmental and social impact growth. Safer Power Limited has four lines of business in renewable energy solutions, including engineering, procurement, and contracting (EPC); workshop assembly; retail distribution; and leasing and power purchase agreements. The company is establishing retail outlets in northern Kenya to enhance service efficiency and market penetration in underserved areas.

This investment aligns within the Impact for Kenya Fund’s directive to support high-impact clean-tech SMEs that are advancing climate mitigation and market inclusion. Through the INK Fund’s investment, Safer Power Limited will scale solar solutions to over 1,500 households and 200+ hospitals annually, ensuring access to reliable energy and better health services in remote areas. Furthermore, new funding will enable installations of 15,000+ kWp solar panels annually, significantly lowering carbon emissions.​ Safer Power’s services are uniquely accesible, as their Power Purchase Agreements and leasing models enabling diverse and growing businesses to adopt solar solutions without cost prohibitive upfront costs that often accompany capital expenditures. Within INK’s broader portfolio, Safer Power complements other renewable energy enterprises by supplying the equipment, assembly, and distrubtion necessary to create enabling conditions for businesses and and rural households to transition to more sustainable and resilient energy sources.

Company Description:

Safer Power Limited (“Safer Power” or “SPL”) is a Nairobi-based Engineering, Procurement & Construction (EPC) contractor focused on renewable energy, specifically solar photovoltaic (PV) systems. The company is Energy and Petroleum Regulatory Authority (EPRA) certified and holds a National Construction Authority (NCA) 1 license, enabling it to undertake large-scale public and private projects. The company blends EPC contracting with product distribution, equipment assembly (electrical panels), and service-based streams like solar leasing and Power Purchase Agreements (PPAs).  With support from AV Ventures, Safer Power Limitted is expanding into new communities and helping businesses and households access reliable renewable energy.