PRESS RELEASE | February 14th, 2024
Brussels, Belgium - RELP is pleased to announce a grant from Ballmer Group to advance Renewable Energy expansion in emerging economies.
Ballmer Group's support for RELP will contribute to the ongoing development and implementation of strategic initiatives aimed at addressing climate change and promoting economic development in emerging economies through accessible, reliable, and sustainable energy projects.
"RELP is thrilled to embark on this journey with Ballmer Group. Their commitment to driving positive change aligns seamlessly with our mission to accelerate the transition to clean energy in emerging and developing countries," said Sebastian Kind, RELP's Founder and CEO.
With this multi-year funding, RELP aims to make substantial contributions to expanding reliable and affordable energy. This work is anticipated to pave the way for addressing climate change in emerging markets and developing economies.
RELP is grateful to Ballmer Group for their commitment and trust placed in its cause. This funding empowers the RELP team to continue their efforts towards the energy transition.
About RELP
RELP is an impact-driven and independent non-profit organisation. We focus on accelerating the deployment of renewable generation in developing economies by directly supporting governments in the design and implementation of stable regulatory frameworks, competitive procurement processes, and new financial and credit enhancement tools, including program-based guarantees.
We focus on implementation to facilitate bankability, foster competition, and boost the local and foreign investments needed to materialise project installations, local economic and social development, and the reduction of GHG emissions.
About Ballmer Group
Ballmer Group is committed to improving economic mobility for children and families in the United States, funding leaders and organizations that have demonstrated the ability to reshape opportunity and reduce systemic inequities.
They focus on multiple impact areas and systems that can impact economic mobility - such as early learning, K-12 education, college and career pathways, housing, behavioral health, and criminal justice – and they support leaders and organizations that focus on undoing systemic racism and the barriers it has created. Ballmer Group is both a national and regional funder - they have a presence and invest deeply in southeast Michigan, Washington state, and Los Angeles County. Ballmer Group was co-founded by philanthropist Connie Ballmer and her husband Steve Ballmer, former CEO of Microsoft, founder of USAFacts, and chairman of the Los Angeles Clippers.
