BIOMASS ENERGY PROJECT

KEY PROJECT STATISTICS

Country
Zambia
Type of Technology
Biomass
Social Economic Impact
  • Women & youth empowerment
  • Mitigates deforestation by charcoal burners
  • Carbon sequestration
Key Investment Ratios
Net Present Value $6,813
Project IRR (%) 17%
Equity IRR (%) 42%
EBITDA Margin (%) 33%
Average DSCR (x) 2.5x
Breakeven (Units) 6,450
Payback Period (Years) 4
Investment Ask
Debt $430k
Equity $570k
Grant –
Other –
Total $1m
Audited Financials
2 Years Financial Statements
Market Size  
TAM $125m
SAM $80m
SOM $12m
Key Project Milestones
  • Awarded $100,000 grant by USAID Alternatives to Charcoal (A2C) initiative
  • Secured key operational business licenses

PROJECT SUMMARY

(Project Mass) is a Zambian Biomass energy company with a mission to make Charcoal business redundant by bringing AFFORDABLE Clean Cooking solutions CLOSER to the masses. The project also brings with it the following advantages:

  • The Gassier Stoves are affordable, clean, adjustable and available on Pay-As You-Go.
  • Biomass Pellets which are fuel to the stoves are cheaper than charcoal, offer dense energy, and are locally produced leading to guaranteed supply.
  • Biofertilizer which is another facet of the project aims to restore poor soils, improve drought resilience, reduces chemical fertilizer usage by 30% and sequestrates carbon.