Impact investor forum highlights Sunlabob business case
- Published on Friday, 28 March 2014
Toniic convenes first “Southeast Asia Deals” discussion; Sunlabob asked to present case study of success and future strategy
Sunlabob this week was a featured presenter during the “Southeast Asia Deals” webinar, hosted by Toniic, a global network of individual and institutional financiers focused on impact and social investments.
Through an invitation from Uberis Capital – a leading social venture capital firm and Toniic Host Member in Southeast Asia – Sunlabob outlined its foundation as a social enterprise in Laos, and its evolution to an internationally-focused company that today delivers its rural energy and clean water expertise throughout Southeast Asia, Africa and the Pacific islands.
The presentation emphasized Sunlabob’s significant revenue growth in recent years – $5.75 million USD average per annum from 2011-13 – driven largely by the company’s success in international competitive tenders offered by development finance institutions and governments.
Also highlighted was Sunlabob’s future strategy of continued international expansion, including significant efforts to address Myanmar’s burgeoning off-grid renewable energy market, a field already proving attractive to international investors.
One specific business opportunity for Sunlabob is to partner with Myanmar’s rapidly expanding telecommunications industry to provide affordable, reliable energy to off-grid telecom towers and nearby rural communities.
Further details on Sunlabob’s approach to the Myanmar rural energy market – driven by more than 45 million resident not connected to the central grid – can be viewed here, which was recently presented by CEO Andy Schroeter at an investor forum hosted by the Asian Development Bank in the capital city, Nay Pyi Taw.
Sunlabob’s next scheduled public presentation will take place at the ASEAN Renewable Energy Week on April 24 in Kuala Lumpur, Malaysia.