
Capital Raise for Tunisian Biogas and Power Company
Middle East & North Africa
About the Client
The Client is a biogas company based in Tunisia that specializes in converting animal waste into electricity and fertilizers. Operating at the intersection of waste management and renewable energy, the Client was looking to raise capital to scale its production and sales operations within the country.
Engagement
CrossBoundary Advisory assisted a biogas company in raising outside capital to fuel its expansion plans in Tunisia. The engagement involved the creation of high-quality investor materials, comprehensive support during the investor outreach process, and assistance through the due diligence stages. Additionally, the Client sought CrossBoundary Advisory’s expert advice during the round closing, specifically focusing on the negotiation of investment terms and commercial analysis. This engagement was executed through USAID’s INVEST mechanism.
Approach
CrossBoundary Advisory employed a thorough and multi-faceted approach to address the Client’s capital-raising needs effectively:
Management Interviews: Conducted in-depth interviews with the company’s management team to gain a comprehensive understanding of the business model and future growth plans, which informed the subsequent steps of the engagement.
Desktop Research: Undertook extensive desktop research to prepare investor materials that included valuation analysis, landscape analysis, and other critical elements to present a compelling case to prospective investors.
Investor Outreach: Identified and pitched to potential investors, facilitating match-making meetings in Tunisia between investors and the Company. This ensured that both parties were well-aligned in terms of investment objectives and growth prospects.
The Client secured the necessary capital to scale its operations, a milestone that reflects CrossBoundary Advisory’s commitment to facilitate impactful investments in the renewable energy sector in North Africa.