Business Model
Institutional-grade SPV framework designed for bankability and sustainable institutional returns
The AssetCo SPV Framework
GreenKiosk operates through a structured Asset Management Company vehicle that separates asset ownership from operations, ensuring institutional clarity and investor confidence.
GreenKiosk Limited
Technology Provider
- ✓Designs & procures hardware/software
- ✓Manages IoT monitoring layer
- ✓Provides technical operations support
AssetCo SPV
Asset Owner
- ✓Owns deployed kiosk assets
- ✓Receives investor capital
- ✓Signs offtake contracts
FundCo Capital Managers
Financing Manager
- ✓Structures AssetCo financing
- ✓Mobilises institutional capital
- ✓Provides investor reporting
Local Operator
Operations Manager
- ✓Day-to-day kiosk operations
- ✓Community engagement
- ✓Productive asset supervision
Guarantee Provider
Risk Mitigation
- ✓Payment guarantee on defaults
- ✓Enhances credit profile
- ✓Investor protection
Mini-Grid Partner
Power Supplier
- ✓Power-as-a-service supply
- ✓Proximity mini-grid integration
- ✓MOU with AssetCo
Multi-Stream Revenue Model
Diversified revenue ensures cash flow resilience and reduces concentration risk across multiple offtaker classes.
Anchor Telecoms Revenue (HNL as Primary Offtaker)
- ✓Long-term power supply agreements (5-10 years)
- ✓Fixed capacity charge + variable energy charges per kWh
- ✓Highest certainty revenue backed by investment-grade counterparties
- ✓Uninterrupted power to HNL mast is non-negotiable service obligation
Battery-as-a-Service (BaaS) for Communities
- ✓Tiered electricity packages: household, business, anchor business
- ✓Prepaid wallet system with mobile money integration
- ✓Zero credit risk to AssetCo - power only supplied against balances
- ✓As community demand grows, system upgraded toward full mini-grid
Productive Use of Energy (PUE) Offtake
- ✓Agro-processing: grain milling, cassava, rice processing (per kg)
- ✓Cold storage: vegetable, fish, perishables traders (per crate/day)
- ✓Phone charging: high-frequency, low-ticket revenue (20+ ports)
- ✓Agent banking: commission-sharing with partner financial institutions
Retail Store & Foot Traffic Monetisation
- ✓Integrated retail grocery store at each kiosk location
- ✓Revenue shared with local partner or fixed rental to AssetCo
- ✓Constant community foot traffic ensures service uptake
- ✓Real-time data collection on community purchasing behavior
Capital Mobilisation Strategy
InfraCredit Guarantee
Credit enhancement facility for AssetCo SPV
Enables Nigerian pension fund investment under PenCom guidelines
Clean Energy Fund (CEF)
Concessional first-loss capital or mezzanine financing
De-risks initial tranche of 310-site rollout
Rural Electrification Agency (REA)
Capital grant support via DARES results-based financing
Supports verified electrified households and productive use
DREEF Joint Development
Co-development MOU with Development of Renewable Energy Finance
Formalises technical assistance and project preparation
Together, the InfraCredit guarantee, CEF concessional layer, REA grant support, and DREEF JDA constitute the four-pillar enabling structure that makes GreenKiosk commercially viable, institutionally investable, and ready for scale.