NorthernRad

Renewable energy · Carbon credits · Project finance

Developing and financing sustainable projects across Africa

NorthernRad identifies, develops, finances and raises funding for viable development and sustainability projects, with a growing portfolio in renewable energy and carbon credits in Tanzania and Zambia.

2018Registered in Scotland
2Countries in our carbon portfolio: Tanzania and Zambia
120,000 haNyang'oro reforestation area, Tanzania
150,000+Improved cookstoves targeted in Zambia

Who we are

A project developer and financier focused on Africa

NorthernRad Limited was registered in Scotland on 23 July 2018. We identify, develop, finance and fundraise for viable developmental and sustainable projects.

Building on a team of associates with extensive experience in sustainability, development and ICT projects, we are well positioned to meet the challenges of the rapidly growing African market.

Our subsidiary, Finko Energy Limited, is developing several renewable energy projects in Tanzania and the region. We are also developing a portfolio of carbon credit projects in Tanzania and Zambia.

What we do

From first idea to funded project

Coordinate

We bring together the investors, expert consultants and specialists that projects in emerging markets need.

Finance and fundraising

We invest in projects and companies, and advise them on raising finance from our network of investors and financial partners.

Deliver on the ground

A team of consultants led by our project director identifies and executes projects locally.

Invest

We invest in renewable energy through Finko Energy and in carbon credit projects in Tanzania and Zambia.

Our portfolio

Renewable energy and carbon credit projects

We develop and invest across two complementary areas: clean power through our Tanzanian subsidiary, and carbon credit projects that pair climate impact with benefits for communities and nature.

Tanzania · Carbon credits

Nyang'oro Reforestation Project

120,000 ha
of reforestation in the Southern Highlands of Tanzania

A large-scale reforestation programme that restores forest cover and generates carbon credits from the carbon the new forest removes from the atmosphere.

Credit type
Carbon removals from forest restoration
Co-benefits
Restored landscapes, biodiversity habitat, rural livelihoods

Partners

  • Iringa Regional Council
  • WWF Tanzania
  • Aither Impact Inc

Zambia · Carbon credits

Improved Cookstoves Project

150,000+
improved cookstoves across 5+ districts, home to about 1 million people

Replacing traditional cooking with efficient stoves reduces the wood and charcoal households burn. That cuts emissions, eases pressure on forests and reduces household smoke.

Credit type
Emission reductions from lower wood and charcoal use
Co-benefits
Less household smoke, lower fuel costs, reduced pressure on forests

Partners

  • Innovate Energy Africa Limited
  • Aither Impact Inc

Tanzania · Renewable energy

Finko Energy Limited

Subsidiary
developing renewable energy projects in Tanzania and the region

Our subsidiary Finko Energy Limited is developing several renewable energy projects in Tanzania and the wider region, giving NorthernRad a local base for project development and delivery.

For investors and credit buyers

An African carbon credits portfolio: reforestation and clean cooking

We are opening discussions with investors and credit buyers on our carbon projects in Tanzania and Zambia.

Diversified by design

Long-term nature-based removals alongside faster-delivering cookstove emission reductions, across two countries.

Credible partners

Developed with a regional government authority, WWF Tanzania and specialist carbon and clean-energy partners.

Strong co-benefits

Health, livelihood and biodiversity outcomes alongside climate impact.

Local delivery capability

A consultant team led by our project director, with a regional presence through Finko Energy.

We welcome discussions on

Project finance

Funding for project development and implementation.

Credit offtake

Forward purchase of carbon credits from the portfolio.

Strategic partnership

Co-investment and collaboration on project delivery.

Next step. Contact us to receive detailed project information under a non-disclosure agreement.

Get in touch

This information is for discussion purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security, carbon credit or other investment. Project scope and figures are indicative and subject to feasibility, validation and verification.

Partners

Some of our partners

RENEX AfricaAfrica
Raleigh LimitedStrategic partner
Tjiriange (Private) LimitedZimbabwe
AHA InfrastructureSouth Africa
Maramoja EnterprisesTanzania and Dubai
Financial institutionsSeveral more across Africa and Europe

Contact

Let's build sustainable projects together

Whether you are an investor, a credit buyer, a project owner looking for finance or a potential partner, we would like to hear from you.

Address
NorthernRad Limited
115 George Street
Edinburgh EH2 4JN
United Kingdom
Email
Jonathan.kasembe@northernrad.com
Website
www.northernrad.com