Results of ElectriFI's first Invitation for Proposals
20 of June 2016
Results of ElectriFI's first Invitation for Proposals

ElectriFI received 290 applications during its first Invitation for Proposals which was open from 15 April until 6 May 2016.

ElectriFI sent all applicants a confirmation of receipt email with a unique application number for each project. The applications are currently being assessed.

The 17 projects that successfully passed the Phase 1 screening will now be invited to submit a more detailed Phase 2 Proposal. Projects that pass the Phase 2 screening will be presented to the ElectriFI Investment Committee for Clearance in Principle. If the Investment Committee approves a project, ElectriFI will sign a Letter of Interest with the Sponsor and further due diligence will take place.

Applicants are expected to be informed of the outcome of the Phase 1 screening in the second half of June 2016.

A second Invitation for Proposals is planned for the 4th quarter of 2016.