Fund vehicle
COVID-19 Energy Access Relief Fund
The Energy Access Relief Fund (EARF) is an initiative designed to provide emergency relief funding to energy access companies facing liquidity challenges due to the impact of the COVID-19 pandemic. Managed by Social Investment Managers and Advisors (SIMA), EARF offers subordinated, unsecured, and low-cost subsidized loans to maintain jobs and ensure the continuity of clean energy services, particularly for bottom-of-the-pyramid consumers in Sub-Saharan Africa and Asia Pacific. The fund's purpose is to safeguard the progress achieved in the off-grid energy sector, prevent bankruptcy of struggling companies, and enable a green and resilient recovery post-pandemic. It is a blended finance vehicle that combines various types of capital to offer affordable debt products.
- Manager
- Social Investment Managers & Advisors (SIMA) LLC
- Vintage
- 2021
- Strategy
- Private Credit
- Target size
- $80m
- Size
- $90m
- Status
- Fully Invested
Disclosed limited partners
- Acumen
- British International Investment (BII)
- Commonwealth & Development Office (FCDO)
- Foreign
- Foreign, Commonwealth & Development Office (FCDO)
- Global Affairs Canada
- Green Climate Fund (GCF)
- International Finance Corporation (IFC)
- Netherlands Development Finance Company (FMO)
- Rockefeller Foundation
- Shell Foundation
- Swedish International Development Cooperation Agency (SIDA)
- Swiss Agency for Development and Cooperation (SDC)
- The IKEA Foundation
- The United States International Development Finance Corporation (DFC)
- The World Bank Group
- U.S. Agency for International Development (USAID)
Sources
- Partner Researchers, accessed 14 November 2026