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Awards and recognition

Empower is proud that, despite being relatively new to the market, its unique business proposition and strong team of professionals are being regularly recognised for innovative thinking and successful project structuring.


In 2020, Empower was awarded a grant from the African Development Bank-managed Sustainable Energy Fund for Africa (SEFA), in support of its innovative approach to financing small and medium sized renewable energy projects


In 2019, Empower was awarded a grant from the Energy and Environment Partnership Africa (EEP) to support its first small hydro project, Rucanzogera, in Rwanda. The grant was awarded in recognition of Empower´s innovative portfolio ownership approach to small and medium-scale renewable energy projects. EEP is managed by the Nordic Development Fund.


In 2018, Empower was selected as an award-winner by the Luxembourg-initiated “International Climate Finance Accelerator” (ICFA). The ICFA is a public-private partnership between the government and the financial sector in Luxembourg, set up to support “future leaders of sustainable fund management”.


Empower and its founder, Terje Osmundsen, has been recognized by the Africa Leadership Awards 2020. Since 2011, the event has showcased the work of those who have demonstrated commitment to the development of Africa, contributing to positive social change and sustainable development. The award is an honour issued by the World CSR Organization headquartered in Mumbai, following assessment by a jury led by Dr. Arun Arora (former CEO, The Economic Times and Chairman, Advance Pre-schools Pvt.).

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