Built on a Coalition of Specialists

FundCo Capital Managers Limited

Sponsor & Equity Co-Investor

FundCo manages the Clean Energy Fund (CEF) tranche, oversees investor relations, and provides strategic direction for the E-Mobilite programme.

CAWIN is a subsidiary of Transsion Holdings, the largest technology company in Africa by unit sales, with Nigeria as its African headquarters since 2006. Transsion brings 20,000 staff in Nigeria, over 200 Chinese technical staff based in-country, and 460+ service and repair centres nationwide — the deepest after-sales network of any EV OEM in Nigeria. Its single-phase-compatible C&I hybrid charging system keeps charging through grid phase loss, which occurs 50–90% of the time on the Nigerian national grid.

SSM receives vehicles on lease from E-Mobilite and subleases them to fleet operators and individual drivers. It operates vehicle service workshops, manages driver performance, provides battery swap infrastructure, and serves as issuer of the Sukuk Al Ijarah SPV.

Grosolar

Energy Infrastructure Partner

Grosolar supplies and installs solar panels, battery energy storage systems, and inverters at E-Mobilite's charging stations under a profit-sharing arrangement, contributing equipment as its equity stake.

NNPC (Nigerian National Petroleum Company)

Strategic Land Partner (via SSM)

NNPC's nationwide network of petrol stations and depot facilities provides SSM with accessible, high-traffic sites for standalone EV charging stations on key interstate corridors.

InfraCredit / Clean Energy Fund (CEF)

Facility Provider

InfraCredit provides Technical Assistance funding for the E-2W pilot and is the target lender for the programme's long-term blended facility. The Clean Energy Fund provides a concessional tranche to blend down the cost of capital.

Foodelo is a Nigerian food delivery platform serving as the anchor lessee for the E-2W pilot on the Lagos–Abeokuta corridor. Successful completion opens the pathway to larger platforms including Chowdeck, Glovo, FoodCourt, and Heyfood.

Clean Energy Local Currency Fund (CEF)

Concessional Capital Provider

The Clean Energy Local Currency Fund is FundCo Capital Managers' regulated climate-infrastructure fund — Climate Bonds Certified and rated BBB by GCR/Agusto. It provides the concessional tranche that blends down the cost of capital for the E-Mobilite programme.

DREEF (Distributed Renewable Energy Enhancement Facility)

Project Preparation Facility

DREEF is a project-preparation facility established by InfraCredit with the World Bank Group, backed by the Clean Energy Fund, KfW, and Convergence, with Deloitte serving as Technical Assistance Facility Manager. It supports the development of distributed renewable energy infrastructure underpinning the E-Mobilite programme.