Fortis Green Renewables Announces Final Close of Green Fund I

Kigali, Rwanda – [8 October 2025] – Fortis Green Renewables is pleased to announce the final close of Green Fund I, which was held on September 30th. Since inception, the Fund has invested heavily across Africa’s renewable energy sector, and this milestone marks an important moment for the Fortis Green team and its partners.

Fund Highlights to Date

• 35 hydropower and solar assets

• Operating in 8 countries

• Mitigated nearly 30,000 tons of CO₂ equivalent since acquisition

• Providing reliable power to 475,000 people and thousands of businesses

With demand for clean and distributed energy solutions continuing to accelerate across the African continent, Fortis Green Renewables is preparing to launch Green Fund II later this year. The new fund will build on the strong foundation established by Green Fund I, expanding the company’s reach and impact across Africa’s energy landscape.

“Our goal at Fortis Green Renewables is to connect Western capital with the energy needs of the African continent. We’re grateful to our investors for the faith they have placed in us to deliver attractive returns alongside meaningful impact in the communities in which we operate.” Jonathan Shafer, Managing Director at Fortis Green Renewables.

About Fortis Green Renewables


Fortis Green Renewables invests in responsible power for Africa’s future by providing flexible equity and equity-like capital to both greenfield and operating renewable energy assets. Through its Green Fund I, the company owns 35 renewable energy projects across Africa that are transforming access to clean, reliable power.

Media Contact:


Benita Keza


Communications and Capital Analyst


Fortis Green Renewables


benita@fortisgreenholdings.com