- What is Fibon Finance?
Your Trusted Partner
in Solar Funding
Fibon Finance is your go-to partner for innovative solar funding solutions.
We empower EPCs to fund solar projects through flexible options like PPAs and lease-to-own arrangements.
Backed by Industry Leaders
Our partnership with Westbrooke Alternative Asset Management provides access to fast and reliable financing for EPCs.
This collaboration strengthens our ability to offer competitive rates and flexible terms.
Fast
We aim to give you fast responses to your funding needs.
Receive approval for solar deals within 10 working days.
Simple
We keep the process as simple as possible, only requiring a limited set of information to begin the process of validating the project.
Competitive
We provide you with competitive rates as well as a comprehensive service offering for your client.
Lease-to-Own
Choose a fixed lease option that suits your clients budget.
Power Purchase Agreement
Enjoy the best in market rates for long term PPA’s. All our PPA’s come with a full service offering (insurance, asset management and maintenance)
Flexible Funding
Enquire with us on flexible funding solutions for your clients .
Don't take our word for it...
"Working with Fibon Finance was a pleasure.
We had struggled with other finance partners who initially were very keen on funding on our deal, only to pull out at the last minute.
We were introduced to the Fibon team and have not looked back. Their team picked up on our deal and walked with us and the client and completed it within 2 weeks.
Our client was extremely happy with the proposed rates and with the knowledgeable team at Fibon. We’re looking to fund more of our deals through Fibon Finance”
Large Scale EPC Company
“Our experience with Fibon Finance has been an incredible journey. Fibon has consistently provided great savings for our clients, often delivering proposals within 24 hours and ensuring annual savings of up to 50% on their bills. They’ve gone the extra mile by engaging legal experts and external counsel to guarantee that our clients get the best possible deal.”
EPC Partner
It's as easy as one, two, three...
01
Presale Phase
We begin by understanding your unique solar needs and those of your clients, then recommend tailored solutions.
To ensure accuracy, we assess your client’s financial strength by reviewing two years of financial statements, providing an accurate estimate of expected financing rates.
02
Deal Verification and Approval
Our engineering and finance team will then validate your deal in partnership with your team.
We will require the typical project documents such as the BOQ, Helioscope analysis, and design pack in order to provide an initial quote.
Once the initial PPA numbers are generated and approved, we’ll proceed with a site visit, contracting process and then finalising the agreement.
03
EPC Onboarding Process
If you’re not onboarded with us already, we’ll begin the onboarding process. This will entail both a financial and engineering assessment of your company.
Our team will then guide you through our EPC contracting requirements as well as milestone-based payments.
Additionally, we can enter a service-level agreement with you to maintain the asset on our behalf.
Meet your Funding Team

“What inspired me to start the business was to be hands on and involved in creating something new that could really contribute to improving people’s lives”
CEO – Avesh Padayachee“In 2024, Fibon Finance partnered with a leading asset management and adviser – Westbrooke Alternative Asset Management. The purpose of this partnership was to help South African companies switch to sustainable energy. This partnership has allowed Fibon the ability to scale our solar funding solutions to a broader market”
CFO – Marike Wilson

We're not just funders, we're experts in solar too...

Our team, recognised as the “Best Engineering Team of the Year” at the
2024 SOLAR QUARTER SOLARIS AWARDS AFRICA
From feasibility studies to system design and expert maintenance, we not only fund the solution, we engage our strict engineering processes to verify a project will benefit the client for the duration of the PPA agreement.
This prestigious award highlights the dedication, innovation and expertise of our engineers. We’re committed to advancing renewable energy solutions, from project conception to successful execution.
Frequently Asked Questions
What types of solar projects does Fibon Finance fund?
Fibon Finance primarily funds behind-the-meter solar and battery storage projects for commercial and industrial clients.
We typically fund projects in the C&I space that are in excess of R3m.
What are the typical financing terms offered by Fibon Finance?
We offer flexible financing solutions, including Power Purchase Agreements (PPAs) and lease-to-own arrangements with terms ranging from 8 to 20 years.
What are the benefits of financing my solar project through Fibon Finance?
Our PPA rates are typically much lower than existing municipal and Eskom costs.
We’re also fast to approve your project and give your client (the end business) the full Fibon service offering (insurance, asset management and maintenance).
Do you re-finance existing solar solutions?
Yes we do. We will also look at solar solutions that require re-financing.
Are there other benefits to being an EPC partner of Fibon?
We are currently one of the first companies in South Africa to have applied for a carbon crediting program. As an EPC you are able to earn annuity income from projects you have already installed. Enquire with our team to understand how you can qualify.
What is the typical approval timeline for a financing request?
We aim to provide approval for financed deals within 10 working days.
What are the eligibility criteria for obtaining financing through Fibon Finance?
To be eligible for financing, your project must meet our specific criteria, which typically include that the project value should be in excess of R3m.
In addition, you and the client should meet our financial soundness criteria (typically we require 2 years AFS to verify the clients affordability rating).
Who is Fibon's funding partner?
Westbrooke Alternative Asset Management is a leading multi-asset manager and advisor that partners with companies like Fibon Group to accelerate the transition towards sustainable energy solutions in South Africa.
Both Westbrooke and Fibon are dedicated to advancing green energy initiatives in South Africa.
Are you able to offer wheeled energy to my clients?
Yes. We are currently developing a 35MW wind project and a 100MW solar project which should come online in 2025. In order to qualify for wheeling, your client needs to be on an MV and TOU connected line as well as be on the following lines:
Eskom
City of Cape Town
Buffalo City
Nelson Mandela Bay
George
Overstrand
Ekhurleni (Tariff D and J)
Become a Fibon
EPC Partner
Take the first step towards funding your solar project.