What is CrossBoundary?

CrossBoundary is a mission-driven investment and advisory firm that works to unlock capital for sustainable growth in underserved markets. It operates several business lines, including CrossBoundary Advisory, CrossBoundary Energy, CrossBoundary Real Estate, CrossBoundary Access, and a climate-focused Fund for Nature. The firm is active across Africa, including a strong presence in Kenya.

CrossBoundary Energy in Kenya

CrossBoundary Energy (CBE) focuses on renewable energy solutions for commercial and industrial clients. Its model allows businesses to access solar, battery storage, and hybrid energy systems without upfront costs, using long-term power purchase agreements instead.

In Kenya, CBE has:

Installed solar projects for large companies, such as a 0.6 MWp solar plant for Unilever Tea Kenya.

Partnered with e-mobility companies like Ampersand to power electric motorcycle charging with solar energy.

Navigated regulatory requirements to ensure compliance with Kenya’s energy sector policies and grid interconnection rules.

Advisory and Investment Support

CrossBoundary Advisory provides transaction advisory and capital-raising services across East Africa. In Kenya, this includes helping businesses and governments attract investment, structure deals, and manage risk. The advisory arm works across sectors such as infrastructure, energy, and climate-related initiatives.

The group has also developed blended finance structures to support projects like afforestation, reforestation, and renewable energy, signaling its broader environmental and climate impact goals in the region.

Recent Developments

Secured significant investment to scale its renewable energy portfolio across Africa, including Kenya.

Benefits from large guarantee facilities that help manage risks like currency inconvertibility and regulatory changes.

Expanded partnerships with international investors to strengthen its ability to finance clean energy solutions.

Strengths in Kenya

Strong local presence and understanding of the regulatory environment.

Proven ability to attract international capital and structure complex financing solutions.

A “no upfront cost” model that makes renewable energy more accessible to Kenyan businesses.

Successful track record with recognizable clients, boosting credibility.

Challenges

Regulatory uncertainty in Kenya’s electricity market can create delays or added complexity.

Currency risks remain a concern despite partial mitigation through guarantee facilities.

Projects are capital-intensive, requiring robust operations and financing to sustain growth.

Some businesses may hesitate to commit to long-term power purchase agreements.