Washington, D.C., May 28, 2013—IFC,
a member of the World Bank Group, is investing $12 million in Flexenclosure,
a developer of intelligent power management solutions and modular data
centers. Based in Sweden, Flexenclosure helps mobile-telephone operators
and tower companies in developing countries make greater use of renewable
energy and cut costs by optimizing their energy consumption.
The rising costs of diesel fuel, and lack of access to reliable energy
grids is hampering the spread of mobile-phone coverage in rural areas of
emerging markets—particularly in Sub-Saharan Africa, Southeast Asia, and
the Pacific. Flexenclosure provides an effective solution—eSite, an intelligent
power management system built on the company’s patented Diriflex control
software that enables the company’s clients to optimize available energy
sources in the most efficient manner. The system provides energy cost savings
of up to 90 percent.
As telecom companies further expand their services to meet increasing customer
demands, Flexenclosure has developed eCentre – a complete, pre-fabricated,
modular solution to house and power data and telecom equipment. Optimized
for energy efficiency, eCentre is specifically designed to be fast to deploy
and fully future proof, providing operators with a superior, modern and
greener alternative to traditional brick and mortar structures.
“We have an aggressive research and development program and are growing
our sales operations in emerging markets. During the last year we have
opened offices in Nigeria, Kenya, Pakistan, India, Malaysia and Dubai,”
said Flexenclosure’s CEO David King. “Having IFC as a strategic investor
will give us access to their global expertise and network, further enhancing
our expansion strategy.”
Andrew Bartley, IFC’s Chief Investment Officer for Telecoms, Media, and
Technology, said: “An estimated 800,000 cellular base stations in emerging
markets rely on diesel generators for their power supply. This is a great
potential market for Flexenclosure’s innovative product offering. Its
growth strategy is directly aligned with IFC’s goal to improve access
to mobile-phone systems for people in rural areas in emerging markets while
also reducing global greenhouse-gas emissions.”
Since 2009, IFC has partnered with the GSM Association to promote the Green
Power for Mobile initiative to extend mobile network coverage beyond the
electricity grid and reduce energy costs and greenhouse emissions in emerging
markets. The program promotes the use of renewable and alternative energy
at off-grid or unreliable grid-connected cellular base stations. This could
save an estimated 2.5 billion liters of diesel per year and reduce annual
greenhouse emissions by up to 6.8 million tons. Flexenclosure is a recipient
of the GSMA Green Mobile Award 2012.
IFC, a member of the World Bank Group, is the largest global development
institution focused exclusively on the private sector. We help developing
countries achieve sustainable growth by financing investment, mobilizing
capital in international financial markets, and providing advisory services
to businesses and governments. In FY12, our investments reached an all-time
high of more than $20 billion, leveraging the power of the private sector
to create jobs, spark innovation, and tackle the world’s most pressing
development challenges. For more information, visit www.ifc.org.
Flexenclosure is a specialist supplier of intelligent power management
systems and prefabricated data centres for the ICT industry. The company
provides systems that are fully integrated, modular, factory tested for
reliability, adaptable to local conditions and quick to install.
eSite is a portfolio of energy-efficient hybrid power systems for base
station sites in areas where grid power is unreliable or unavailable. eSite
can deliver a 90 per cent reduction in diesel fuel consumption, CO2 emissions
and energy related operating expenses compared to traditional diesel based
systems. Fully integrated into eSite is eManager, a one-stop interface
for remote management and energy optimisation of eSite networks.
eCentre is a prefabricated, fully equipped modular data centre solution,
to house and power data and telecom equipment. Optimised for energy efficiency
and low total cost of ownership, eCentre is specifically designed to be
fast to deploy and fully future proof.
Flexenclosure was founded in 1989 and is based in Vara, Sweden, headquartered
in Stockholm and with additional offices in Kenya, Nigeria, Pakistan, Malaysia,
India and the UAE. Customers include global telecom companies airtel, MTN,
Vodacom and Zain. See www.flexenclosure.com.