IIV Solar Electrification Debt ELTIF

Beyond the net

With the IIV Solar Electrification Debt ELTIF, you have the opportunity to participate in the green transformation of the energy supply in Sub-Saharan Africa while receiving an uncorrelated, steady annual return.

With your investment, you are contributing to the United Nations Sustainable Development Goals –primarily Goals 7 and 13.

The term sheets contain information on the fund’s investment strategy and objectives, the fund’s key features, and all key fund data.

The following four share classes (retail/institutional) are available:

R-Class Euro hedged distributing (ISIN: LU2953736282; WKN: A40J9Q)
R-Class Euro accumulating (ISIN: LU2953736365; WKN: A40J9R)
I-Class Euro hedged distributing (ISIN: LU2953736019; WKN: A40J9N)
I-Class USD distributing (ISIN: LU2953736100; WKN: A40J9P)

No minimum investment is required for the R-Classes; for the I-Classes, this is EUR 100,000
or USD 100,000.

All share classes are open to private and institutional investors.

R-Class Euro hedged distributing R-Class Euro accumulating I-Class Euro hedged distributing I-Class USD distributing

Find all the necessary information regarding product type, risk, return and costs in the Key Information Document so that you can quickly and easily compare it with other products. All documents are only available in German.

R-Class Euro hedged distributing R-Class Euro accumulating I-Class Euro hedged distributing I-Class USD distributing

The fund prospectus is the legally binding basis for the purchase and sale of units of the IIV Solar Electrification Debt ELTIF. All documents are only available in German.

Fund prospectus

The IIV Solar Electrification Debt ELTIF is classified as a sustainable financial product within the meaning of Article 9 of the EU Financial Disclosure Regulation (SFDR).

A key part of the fund’s investment strategy is to pursue an environmental objective through sustainable investments within the meaning of Article 2 No. 17 of the SFDR, in order to contribute to the achievement of the Paris Climate Agreement and the UN Sustainable Development Goals of “Affordable and Clean Energy” and “Climate Action.” All documents are only available in German.

Find out more

The IIV Solar Electrification Debt ELTIF is a public fund and is therefore generally available at banks, savings banks, direct banks, or fund platforms. You only need a securities account.

Copy the corresponding ISIN into your online banking system or ask your investment advisor to do this for you. You have the option to invest in shares of the following classes:

R-Class Euro hedged distributing (ISIN: LU2953736282; WKN: A40J9Q) without minimum investment
R-Class Euro accumulating (ISIN: LU2953736365; WKN: A40J9R) without minimum investment
I-Class Euro hedged distributing (ISIN: LU2953736019; WKN: A40J9N) with a minimum investment of EUR 100,000
I-Class USD distributing (ISIN: LU2953736100; WKN: A40J9P) with a minimum investment of USD 100,000.

The share classes are eligible for savings plans, however not all banks or fund platforms offer this service for long-term wealth accumulation. Please check with your investment advisor.

The minimum holding period is 24 months with a notice period of 12 months (redemption request must be submitted at least 12 months before the respective redemption date).

The IIV Solar Electrification Debt ELTIF pays dividends after the end of the fiscal year for the following asset classes:

R-Class Euro hedged distributing (ISIN: LU2953736282; WKN: A40J9Q)

I-Class Euro hedged distributing (ISIN: LU2953736019; WKN: A40J9N)

I-Class USD distributing (ISIN: LU2953736100; WKN: A40J9P)

Sustainable financing solutions for the green transformation in Sub-Saharan Africa

Investing in the future of energy supply

The IIV Solar Electrification Debt ELTIF is the first European investment fund dedicated to financing off-grid electrification in Sub-Saharan Africa that is open to private investments from both institutional and retail investors.

The fund specifically invests in companies that specialise in photovoltaic technologies, thereby enabling sustainable energy supply solutions in the region. Particular attention is paid to commercial and industrial photovoltaic solutions, while also considering productive use of energy and mini-grids. By providing secured and unsecured loans, the fund actively contributes to the green transformation and supports local economic development.

The fund is managed by Invest in Visions in collaboration with the Africa Enterprise Challenge Fund (AECF), an advisor with local market expertise and access. The AECF has already provided more than $450 million to companies in the off-grid sector and is active in 26 countries in Sub-Saharan Africa.

The fund is classified under Article 9 of the Sustainable Finance Disclosure Regulation (SFDR) and contributes to the UN Sustainable Development Goals 7 (“affordable and clean energy”) and 13 (“climate action”). Furthermore, the fund aims to have a social impact in the areas of sustainable economic growth, full and productive employment, and decent work, as well as to promote resilient infrastructure and sustainable industrialisation.

The Potential

The Lack of Access to Electricity

According to current estimates, more than 685 million people worldwide lack access to electricity because they live in (mostly rural) regions that are not served by the national grid. Sub-Saharan Africa is particularly hard hit. 4 out of 5 people without access to clean energy currently come from one of the 49 countries in this region, which has an electrification rate of only 50 percent. This severely impacts the development opportunities of these people and the countries in which they live.

In addition to the 567 million people in Sub-Saharan Africa who have no connection to the national grid at all, there are many millions more households and businesses that are connected to the national grid but are affected by the chronic unreliability of the national grids.

The IIV Solar Electrification Debt ELTIF addresses this very issue: It enables sustainable investments that not only create economic opportunities but also contribute to climate protection.

Technological Focus

Sustainable Energy Solutions for Growth and Participation

Our investments focus on proven technologies that not only provide energy but also specifically promote local development. Three technological approaches are at the heart of our approach:

Mini-Grids (Island Grids)

Decentralised power grids supply entire communities or smaller towns independently of the national grid. They combine photovoltaics with battery storage, enabling a reliable, clean, and affordable energy supply – especially in rural areas with previously inadequate infrastructure.

Commercial & Industrial (C&I)

Commercial users such as farms, small manufacturing facilities, or social institutions benefit from customised on-site solar solutions. Not only do these reduce electricity costs, but they also increase operational resilience to grid outages and diesel price fluctuations.

Productive Use of Energy (PUE)

The targeted use of energy to increase income is also a core focus of our work. Whether for irrigation, cooling, processing, or transportation – electricity enables economic activity. We support applications that create jobs and increase value on the ground.

The Sub-Saharan Africa Region

Target Countries

The IIV Solar Electrification Debt ELTIF, which we manage, invests specifically in the economic progress of Sub-Saharan Africa. The region encompasses 49 of the 54 African UN member states, with investments only being made in countries that are not classified as high-risk countries by the EU Commission.*

We are initially focusing on the target countries of Kenya, Botswana, Ghana, Côte d’Ivoire, and Rwanda. Each investment project undergoes a thorough risk assessment – based on both international standards and our in-house analyses.

*Source: Anti-money laundering and countering the financing of terrorism at international level – European Commission

The Impact

Sustainable Development Goals

Financing photovoltaic technologies enables an affordable and reliable energy supply. Increased use of renewable energy can significantly reduce CO₂ emissions and improve the economic stability of companies.

In addition to the goal of providing electricity to populations cut off from infrastructure (SDG 7) and supporting the green transformation of the energy supply (SGD 13), electrification also facilitates economic activity and creates jobs (SDG 8). For example, electricity is needed in agriculture to power machinery and irrigation systems. Without electricity, farmers are excluded from the benefits of modern agriculture, which include increased yields and yield security, intensified farming, increased productivity, and reduced labour costs. When refinancing these projects, we also pay attention to a high proportion of women in the workforce, management, and board of directors (SDG 5 ).

SDG 1

No poverty

End poverty in all its forms, everywhere.

SDG 2

Zero hunger

End hunger, achieve food security and improved nutrition, and promote sustainable agriculture.

SDG 3

Good health and well-being

Ensuring a healthy life for all people of all ages and promoting their well-being.

SDG 4

Quality education

Ensure inclusive, equitable and quality education and promote lifelong learning opportunities for all.

SDG 5

Gender equality

Achieve gender equality and self-determination for all women and girls.

SDG 6

Clean water and sanitation

Ensure availability and sustainable management of water and sanitation for all.

SDG 7

Affordable and clean energy

Ensure access to affordable, reliable, sustainable and modern energy for all.

SDG 8

Decent work and economic growth

Promote lasting, inclusive and sustainable economic growth, productive full employment and decent work for all.

SDG 9

Industry, innocation and infrastructure

Build a resilient infrastructure, promote inclusive and sustainable industrialization and support innovation.

SDG 10

Reduced inequalities

Reduce inequality within and between countries.

SDG 11

Sustainable cities and communities

Make cities and human settlements inclusive, safe, resilient and sustainable.

SDG 12

Responsible consumption and production

Ensure sustainable consumption and production patterns.

SDG 13

Climate action

Take urgent action to combat climate change and its impacts.

SDG 14

Life below water

Conserve and sustainably use oceans, seas and marine resources for sustainable development.

SDG 15

Life on land

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, halt and reverse land degradation and halt biodiversity loss.

SDG 16

Peace, justice and strong institutions

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.

SDG 17

Partnerships for the goals

Strengthen the means of implementation and revitalize the global partnership for sustainable development.

IIV SOLAR ELECTRIFICATION DEBT ELTIF

Fund Data

	Class R	Class R	Class I	Class I
Fund name	IIV SOLAR ELECTRIFICATION DEBT ELTIF
Fund type	ELTIF (European Long-Term Investment Fund)
Fund domicile	Luxembourg
Investment instruments	Granting of secured and unsecured loans to companies in the solar energy sector
Fund type	Open-ended (Minimum holding period: 24 months with a notice period of 12 months (redemption request at least 12 months before the respective redemption date))
Overall risk indicator	2 (Scale from 1: low risk to 7: high risk)
Asset valuation frequency	Quarterly
NAV calculation / unit issue	Daily
Initiator and portfolio manager	Invest in Visions GmbH, Frankfurt am Main
Investors	Private investors, semi-professional, professional, institutional
Alternative investment fund manager (AIFM)	HANSAINVEST LUX S.A., Luxembourg
Advisor	The AECF, LLC (Africa Enterprise Challenge Fund), Kenya
Custodian	Donner & Reuschel AG, Luxembourg
WKN	A40J9R	A40J9Q	A40J9N	A40J9P
ISIN	LU2953736365	LU2953736282	LU2953736019	LU2953736100
Currency share class	EUR	EUR – hedged	EUR – hedged	USD
Management fee ¹	Up to 2.15 %	Up to 2.15 %	Up to 1.65 %	Up to 1.65 %
Custodian fee	0.03 %	0.03 %	0.03 %	0.03 %
Use of income	Accumulating	Distributing	Distributing	Distributing
Entry fee	Up to 3.0 %	Up to 3.0 %	Up to 1.00 %	Up to 1.00 %
Minimum investment amount	None	None	EUR 100,000	USD 100,000

Fund name

IIV SOLAR ELECTRIFICATION DEBT ELTIF

Fund type

ELTIF (European Long-Term Investment Fund)

Fund domicile

Luxembourg

Investment instruments

Granting of secured and unsecured loans to companies in the solar energy sector

Fund type

Open-ended (Minimum holding period: 24 months with a notice period of 12 months (redemption request at least 12 months before the respective redemption date))

Overall risk indicator

2 (Scale from 1: low risk to 7: high risk)

Asset valuation frequency

Quarterly

NAV calculation / unit issue

Daily

Initiator and portfolio manager

Invest in Visions GmbH, Frankfurt am Main

Investors

Private investors, semi-professional, professional, institutional

Alternative investment fund manager (AIFM)

HANSAINVEST LUX S.A., Luxembourg

Advisor

The AECF, LLC (Africa Enterprise Challenge Fund), Kenya

Custodian

Donner & Reuschel AG, Luxembourg

Class R

WKN

A40J9R

A40J9Q

ISIN

LU2953736365

LU2953736282

Currency share class

EUR

EUR – hedged

Management fee ¹

Up to 2.15 %

Custodian fee

0.03 %

Use of income

Accumulating

Distributing

Entry fee

Up to 3.0 %

Minimum investment amount

None

Class I

WKN

A40J9N

A40J9P

ISIN

LU2953736019

LU2953736100

Currency share class

EUR – hedged

USD

Management fee ¹

Up to 1.65 %

Custodian fee

0.03 %

Use of income

Distributing

Entry fee

Up to 1.00 %

Minimum investment amount

EUR 100,000

USD 100,000

1 Composed of the AIFM’s management fee and the portfolio management fee.

Opportunities

Low correlation to other asset classes
Low volatility
Environmental and social returns

Risks

Country and contraction risks
Credit and interest rate risks
Limited liquidity
Currency risks

Information on further risks can be found in the Key Information Document, the Annual Report (beginning from March 31, 2026), and the Fund Prospectus.

Contact

Your direct contact

Edda Schröder
Founder and Managing Director

Contact now