Accelerate7 is a Lightrock-powered fund pursuing commercial returns alongside measurable, scalable impact in energy access by investing in growth-stage companies bridging the energy access gap, aligned with UN Sustainable Development Goal 7 to ensure affordable, reliable, sustainable, and modern energy for all. 

Targeting growth-stage companies across Sub-Saharan Africa, South Asia, and Southeast Asia, Accelerate7 works to scale purpose-driven businesses in three core sectors: Energy Access, Clean Cooking Solutions, and Energy Access Enablers.

Deployment in Southeast Asia will be supported by Singapore-headquartered TRIREC, who are operating in partnership with Lightrock to further Accelerate7’s mission. 

Recognising that energy access is fundamental to unlocking social, environmental, and economic progress, the fund aims to improve the lives of tens of millions of people across emerging markets.

Target Sectors

Solutions to the energy access gap

The fund focuses on businesses which will provide products and services helping individuals move up the electricity access the World Bank’s Multi-Tiered Framework (MTF). 

Our work aims to provide electricity to those that do not have it but also produce electricity that is of higher capacity and more available, reliable, of higher quality, affordable and safer.

  • 01
    Energy Access
    Distributed renewable energy solutions such as solar home systems and mini-grids that provide reliable power to off-grid and under-served households and businesses.
  • 02
    Clean Cooking
    Clean fuels and advanced cooking technologies that replace charcoal and wood burning, delivering health, environmental and social benefits.
  • 03
    Enablers
    Platforms and infrastructure that accelerate adoption, including energy financing, storage, batteries, e-mobility and digital solutions.
666m people lack access to electricity worldwide
~92% lacking access reside in Africa & Asia
2.1bn dependent on polluting and hazardous fuels for cooking
Impact

A critical barrier to progress

Lightrock applies its sophisticated, fully integrated impact measurement and management (IMM) approach to energy access, with dynamic impact KPI tracking tailored to the sector. 

This covers three main areas:

Economic

Reliable power is essential for job creation, productivity and SME growth, enabling local economies to develop and compete.

Social

Access to modern energy underpins health, education and gender equality, reducing reliance on hazardous fuels and freeing up time for women and girls.

Environmental

Clean energy and clean cooking solutions reduce emissions, curb deforestation and support long-term climate resilience.

People

Dedicated team backed by a global platform

Partners

Backed by leading organisations

Accelerate7 is backed by a group of leading investors and major energy corporates, including Equinor, LGT Group, Shell and TotalEnergies, among others. 

Together, this group brings significant capital, sector expertise and long-term conviction to the challenge of scaling modern energy and clean cooking solutions across emerging markets.

News

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