Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, has announced a $15 million senior secured facility for iSAT Africa Mauritius Ltd., a rural connectivity platform, to support the deployment of fully solar-powered mobile towers in Liberia and Zambia.
The 10-year facility will finance the rollout of scalable Network as a Service (NaaS) and Energy as a Service (EaaS) solutions as part of iSAT’s broader 1,000-tower expansion strategy across Sub-Saharan Africa. The towers financed by the Mirova Gigaton Fund1 will be entirely off grid, powered by solar energy and battery storage.
Founded more than 15 years ago, iSAT has established itself as a leading rural connectivity provider, leveraging deep expertise in satellite services and strong partnerships with Tier-1 mobile network operators. Building on this foundation, the company has expanded its capabilities to deliver turnkey, renewable-powered telecom tower infrastructure enabling hi