ESI AFRICA - On Wednesday, Fieldstone Africa launched an investment index for renewable energy in Africa to assist investors, developers and financial institutions in comparing the relative merit of renewable efforts in different countries.
The independent financial advisor said in a company statement that the ‘Fieldstone Africa Renewables Index (or FARI)’ “is unique among industry measures insofar as it takes into account real world experience as well as the legal, regulatory and technical basis to get things done.”
Fieldstone Africa reports success
Jason Harlan, Chief Executive Officer of Fieldstone Africa, said: “We are proud to introduce an index that is not just a measure of past success, but forms a dynamic measure of how countries are taking steps to encourage and close renewable energy transactions.
“We welcome input from all market participants as we go forward in order to make this an ever more useful tool for the industry.”