The Rural Energy Fund (REF) was established by
The Rural Energy Act, 2005 for the purpose of providing grants to qualified
project developers. The Fund represents a mechanism by which the Rural Energy
Board (through REA) fulfills its mandate.
The Fund Provides resources for:
The Fund does not provide grants towards the operating or debt service costs
of any project or developer.
The Eligibility Criteria Documents provide details on how project developers
can access assistance from REA.
The sources of income for the Fund consist of monies as may be provided:
A Trust Agent (currently CRDB Bank Plc) is responsible for disbursement of grant payments from the Fund
and ensuring that any pre-conditions set by the Board for making a grant
payment are met by developers.