The EDFI Management Company is a full subsidiary of the Association of 15 European Development Finance Institutions www.edfi.eu who all finance and support private sector entrepreneurs in developing countries. The new management company will manage funding from different sources for higher risk and early stage support, with clear targeted impact. The first fund is ElectriFI, financed by the European Commission, with the target to create new and improved connections to energy for the 1,2 billion people who still need this. The support provided should complement what other parties are able to finance and support. Cooperation with Development banks and other funders will be crucial to that end. After ElectriFI, we hope to add other funds with similar approach targeting other sectors combining impact with financial sustainability.