EnerGrow is an asset financing company based in Kampala, Uganda, catering for the East African market. We specialise in productive energy asset financing, leverage an energy connection to secure loans to small and medium enterprises (SMEs) in rural and peri-urban areas.
EnerGrow was founded in January 2018 by Riccardo Ridolfi and Nataliey Bitature.
Riccardo is an experienced mini-grid developer who understood the need to increase energy demand to improve the bankability of new projects. Along with Nataliey, an award winning social entrepreneur, they recognised the potential of asset financing to solve demand issues facing centralised and decentralised grids, and support rural and peri-urban businesses.
Riccardo is a seasoned energy access entrepreneur who focused on productive use of energy with his mini grid companies. He has a background as a finance lawyer and energy experience across the continent.
Nataliey is a passionate social entrepreneur, with experience across several award winning businesses in Uganda and beyond. She has a background in management and business training.
EnerGrow’s vision of the future is one where energy access is driven by commercially viable expansion, and where access to energy transforms customers’ livelihoods.