{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","model":{"title":"All On Doubles Investment in Mobile Power (MOPO) with £1 Million to Support MOPOMax Expansion","text":"\u003Cp\u003E\u003Cstrong\u003ELagos\u003C/strong\u003E– All On, a leading impact investing company focused on scaling up the renewable energy sector in Nigeria, has announced an additional investment of £1 million in MOPO, a company offering innovative pay-per-use battery solutions to individuals and business with no or unstable power infrastructure in Sub-Saharan Africa. This brings All On's total investment in MOPO to £2 million.\u003C/p\u003E\r\n\r\n\r\n","links":[{"name":"All On Doubles Investment in Mobile Power (MOPO) with £1 Million to Support MOPOMax Expansion","value":"https://www.all-on.com/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo.html"}],"date":"2023-12-05T10:39:00Z"},"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/metadata"},{"organism":"ContentOwner","model":{},"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://www.all-on.com/_jcr_content/root/header/inherited.model.json","id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://www.all-on.com/"},{"name":"Media","value":"https://www.all-on.com/media.html"},{"name":" Media releases","value":"https://www.all-on.com/media/media-releases.html"},{"name":"All On Doubles Investment in Mobile Power (MOPO) with £1 Million to Support MOPOMax Expansion","value":"https://www.all-on.com/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo.html"}]},"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader.Date","color":"inherited","model":{"title":"All On Doubles Investment in Mobile Power (MOPO) with £1 Million to Support MOPOMax Expansion","text":"\u003Cp\u003E\u003Cb\u003ELagos\u003C/b\u003E– All On, a leading impact investing company focused on scaling up the renewable energy sector in Nigeria, has announced an additional investment of £1 million in MOPO, a company offering innovative pay-per-use battery solutions to individuals and business with no or unstable power infrastructure in Sub-Saharan Africa. This brings All On's total investment in MOPO to £2 million.\u003Cbr\u003E\r\n\u003C/p\u003E\r\n","date":"2023-12-05T10:39:00Z"},"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/main/section/page-header"},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/main/section/text","model":{"text":"\u003Cp style=\"margin: 0px 0px 0.625rem; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EThe new investment which was signed in December will support the expansion of MOPO's product line with the rollout of the MOPOMax, a generator replacement battery designed for both household and productive use applications. The MOPOMax boasts a 1,000Wh capacity, 20 times more energy than MOPO’s smaller MOPO50 battery, a 50Wh smart battery, providing household energy for lighting, phone charging and Direct Current (DC) appliances. MOPOMax will cater to a wider range of users, including households, small businesses and agripreneurs. This expansion will further address the energy access gap in Nigeria, empowering communities with reliable and affordable power to unlock economic opportunities.\u003C/p\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EIn August 2022, All On made an initial £1 million investment in MOPO as it deployed its MOPO50, in Ondo and Ekiti states. Following the successful achievement of key targets, including exceeding deployment goals and demonstrating strong customer adoption, All On has now made the additional investment in MOPO.\u003C/p\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003E“MOPO's innovative pay-per-use model has proven to be a successful solution for providing clean and affordable energy to underserved communities,” said the Chief Executive Officer, All On, Caroline Eboumbou. “We are excited to support the rollout of the MOPOMax, we believe it has the potential to significantly, impact and unlock even greater economic opportunities for MOPO customers. At All On, we are committed to supporting companies that address energy access challenges in innovative ways. MOPO's pay-per-use model has demonstrably improved lives, and the MOPOMax expansion aligns perfectly with our goal of empowering communities with sustainable energy solutions.\"\u003C/p\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003E\u003Ca class=\"text-link link-info\" style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; line-height: 1.5; font-family: inherit; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline; text-decoration-line: underline; color: inherit;\"\u003E\u003C/a\u003E\u003Ca class=\"text-link link-info\" style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: 700; font-stretch: inherit; line-height: 1.5; font-family: inherit; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline; text-decoration-line: underline; color: inherit;\"\u003E\u003C/a\u003EMOPO Chief Executive Officer Christopher Longbottom said, “To support the expansion of our fully integrated pay per use MOPO rental model, we have been progressing multiple financing options. We chose to take up a blend of grant, equity, debt and management orientated contracts which translates into an improved financial matrix for investors, taking into account dilution, IRRs and investment plans. We have been delighted with the response from existing shareholders including All On, who recognise the inherent opportunity for our offering in Africa. Importantly, we now have over US$12 million in capital to expedite our business model and deliver renewable energy to the millions in Africa with no or unstable power infrastructure.”\u003C/p\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EThis investment emphasizes All On's commitment to fostering a collaborative ecosystem within the renewable energy sector. Innovative companies like MOPO can leverage All On's expertise and financial resources to maximize their impact through partnership and collaboration. All On believes Nigeria can achieve its clean energy goals and ensure brighter, more sustainable futures for all its citizens.\u003C/p\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003E \u003C/p\u003E\r\n\u003Ch3 style=\"margin: 0px 0px 0.625rem; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, Arial, Roboto, Helvetica, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 1.25rem; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EAbout All On\u003C/h3\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EAll On, an independent impact investing company, was seeded with funding from Shell, and works with partners to increase access to commercial energy products and services for unserved and underserved off-grid energy markets in Nigeria, with a special focus on the Niger Delta. All On invests in off-grid energy solutions spanning solar, wind, hydro, biomass and gas technologies deployed by both foreign and local access-to-energy companies that complement available grid power across Nigeria and help bridge its significant energy gap.\u003C/p\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003ETo learn more, please visit \u003Ca href=\"https://www.all-on.com/\" target=\"_self\"\u003Ewww.all-on.com\u003C/a\u003E\u003C/p\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EContact: email \u003Ca href=\"mailto:all-on-communications@all-on.com\" target=\"_self\" data-rte-link=\"true\" class=\"text-link link-info\" style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 1.5; font-family: inherit; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\"\u003Eall-on-communications@all-on.com\u003C/a\u003E\u003C/p\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EContact of All On Investment Manager: Oluseye Bassir via email \u003Ca href=\"mailto:oluseye.bassir@all-on.com\" target=\"_self\" data-rte-link=\"true\" class=\"text-link link-info\" style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-stretch: inherit; line-height: 1.5; font-family: inherit; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; vertical-align: baseline;\"\u003Eoluseye.bassir@all-on.com\u003C/a\u003E\u003C/p\u003E\r\n\u003Ch3 style=\"margin: 1.25rem 0px 0.625rem; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, Arial, Roboto, Helvetica, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 1.25rem; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EAbout MOPO\u003C/h3\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003ESheffield-based Mobile Power (‘MOPO’) is a pay-per-use battery technology company focussed on the supply of sustainable energy to individuals and businesses in Africa. The business is based on the rental of its unique MOPO batteries from solar powered recharging hubs managed by a network of local agents. Its portfolio includes the MOPO50 battery, which provides basic household energy access for lighting, phone charging and Direct Current (DC) appliances; and the MOPOMax battery, which can be used to replace small petrol generators (0-4kVA) and as a battery swap for e-motorbike taxis. Each MOPO battery, which has integrated payment technology to ensure energy is only discharged upon agent payment through the MOPO App, can be tracked via the MOPO Platform to determine whether it is with an agent or customer or has reached the end of its life and is ready to be recycled. Carrying out over 6 million MOPO battery rentals per year, MOPO currently has operations in Nigeria, DRC, Sierra Leone, Liberia, Chad, and Uganda, and plans to roll out its service across Africa. To learn more, please visit \u003Ca href=\"https://www.mobilepower.co/\" target=\"_blank\"\u003Ehttps://www.mopo.co\u003C/a\u003E\u003C/p\u003E\r\n\u003Ch3 style=\"margin: 1.25rem 0px 0.625rem; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, Arial, Roboto, Helvetica, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 1.25rem; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EContact:\u003C/h3\u003E\r\n\u003Cp style=\"margin: 0.625rem 0px 0px; padding: 0px; border: 0px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-stretch: inherit; line-height: 1.5; font-family: NeuzeitGro-Reg, sans-serif; font-optical-sizing: inherit; font-kerning: inherit; font-feature-settings: inherit; font-variation-settings: inherit; font-size: 17.76px; vertical-align: baseline; color: rgb(64, 64, 64);\"\u003EHugo de Salis, Corporate Development: \u003Ca href=\"mailto:hugo.desalis@mobile-power.co.uk\" target=\"_self\"\u003Ehugo.desalis@mobile-power.co.uk\u003C/a\u003E\u003C/p\u003E\r\n"}},{"organism":"Container.XF","id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/main/section/experience_fragment","model":{}}],"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/main/section","model":{}}],"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/main","model":{}},{"organism":"Container.Footer","children":[{"organism":"Breadcrumb.Large","model":{"links":[{"name":"Home","value":"https://www.all-on.com/"},{"name":"Media","value":"https://www.all-on.com/media.html"},{"name":" Media releases","value":"https://www.all-on.com/media/media-releases.html"},{"name":"All On Doubles Investment in Mobile Power (MOPO) with £1 Million to Support MOPOMax Expansion","value":"https://www.all-on.com/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo.html"}]},"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/footer/breadcrumb"},{"organism":"Container.Raw","ref":"https://www.all-on.com/_jcr_content/root/footer/inherited.model.json","id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/footer/inherited","model":{}}],"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content/root/footer","model":{}}],"id":"/conf/shell/settings/wcm/templates/base/structure/jcr_content/root","model":{}}],"model":{"title":"All On Doubles Investment in Mobile Power (MOPO) with £1 Million to Support MOPOMax Expansion","text":"Lagos– All On, a leading impact investing company focused on scaling up the renewable energy sector in Nigeria, has announced an additional investment of £1 million in MOPO, a company offering innovative pay-per-use battery solutions to individuals and business with no or unstable power infrastructure in Sub-Saharan Africa. This brings All On's total investment in MOPO to £2 million.","date":"2023-12-05T10:39:00Z","links":[{"name":"canonical","value":"https://www.all-on.com/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo.html"},{"name":"errorUrl","value":"https://www.all-on.com/error.html"},{"name":"hierarchy","value":"en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo"},{"name":"homeTitle","value":"All On"},{"name":"homeUrl","value":"https://www.all-on.com/"},{"name":"locale","value":"en-GB"},{"name":"title","value":"All On Doubles Investment in Mobile Power (MOPO) with £1 Million to Support MOPOMax Expansion | All On"},{"name":"textDirection","value":"ltr"},{"name":"template","value":"base"},{"name":"contentPath","value":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo"},{"name":"externalDisclaimerText","value":"All On Partnerships for Energy Access LTD/GTE Legal Disclaimer\r\n\r\nYou are now leaving the All On website.\r\nThe link you have selected will direct you to a website that is not controlled by All On Partnerships for Energy Access Ltd/Gte. Accordingly, All On Partnerships for Energy Access Ltd/Gte does not endorse, adopt, certify or otherwise validate the information and material contained on the linked website. This includes its sponsor and any policies, activities or services offered on the site, by any advertiser on the site or linked to the site.\r\n\r\nThank you for visiting the All On website."},{"name":"themeMode"},{"name":"lastModified","value":"2024-08-09T10:46:34.562Z"},{"name":"themeName","value":"allon"},{"name":"themePath","value":"/etc.clientlibs/amidala/clientlibs/theme-allon"},{"name":"themeCss","value":"/etc.clientlibs/amidala/clientlibs/theme-allon.ACSHASH4056c11436d23243d0e1b6efb091ad0c.css"}]},"id":"/content/shell/business/allon/en_gb/media/media-releases/all-on-doubles-investment-in-mobile-power-mopo/jcr_content"}