Firms Partner to Finance SMEs, Individuals for Sustainable Clean Energy Solutions

Rebecca Ejifoma

Berkshire Finance Company Limited, a CBN-licensed and regulated finance firm has partnered with Reohob Nigeria Limited to finance individuals and small and medium-sized enterprises in the acquisition/installation of renewable energy solar solutions.

Through their newly developed and launched solution, the Scheme, they aim to accelerate and expand financing towards sustainable clean energy solutions while also powering households and commercial activities nationwide.

According to the firms, they recognise the need to align with the tenets of the Sustainable Development Goals (SDGs) and the urgency to shift towards financing climate-friendly energy sources.

The 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 challenges is to re-direct capital towards renewable energy sources and are very blessed to be executing this critical action in line with our short to mid-term strategy.”

On his part, the 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, Berkshire and Reohob the Scheme will provide flexible financing options to individuals and businesses in line with the parties’ joint mantra.

The duo is confident that the solution presents a unique cost savings opportunity at a time when many Nigerians are seeking alternatives to the high costs associated with traditional energy solutions.