On March 25, 2026, African Development Bank Group and Nordic Development Fund announced the commitment of $11.3 million to pilot the Peace Renewable Energy Certificate (P-REC) Aggregation Facility, a pioneering initiative that will, for the first time, deploy renewable energy certificates as a direct funding instrument for a portfolio of mini-grids across Africa. The facility will be co-managed by Camco Clean Energy, a climate and impact fund manager, and Energy Peace Partners (EPP), a coalition that leverages climate finance solutions. Wilson Sonsini Goodrich & Rosati served as pro bono legal counsel to EPP on the transaction.

The P-REC Aggregation Facility will enter into long-term purchase agreements with qualifying mini-grid developers across 14 countries—Burundi, Central African Republic, Chad, the Democratic Republic of Congo, Ethiopia, Liberia, Mali, Niger, Nigeria, Sierra Leone, Somalia, South Sudan, Sudan, and Uganda. The project is anticipated to provide first-time access to reliable electricity to 856,000 people across these 14 countries.

The Wilson Sonsini pro bono team that advised EPP on the transaction included Scott Zimmermann, Nadia Senter, and Ethan Miller. 

For more information, please see African Development Bank Group's news release.