At no upfront cost, we offer businesses more affordable and reliable power supply.
At no upfront cost, we offer businesses more affordable and reliable power supply.
The purpose of Centennial is to make it easier for businesses to operate in growth markets. Our customers include office buildings, hotels, industrial facilities, medical centers, and schools. We finance, install, own, operate and maintain our power systems, and customers pay only for electricity produced.
We guarantee a double-digit savings for our customers compared to their current power costs.
We install the system for free. Our customers pay only for electricity consumed.
We handle the installation, operation and maintenance of the power system, so our customers can focus on running their business.
We continuously monitor the power system to ensure uninterrupted performance. In the rare event problems arise, we make repairs at no added cost.
We only use the top tier equipment to ensure safe operations.
Our operations are designed to reduce air pollution.
David John Frenkil founded Centennial after working as an Energy Project Finance Attorney in Los Angeles at Chadbourne & Parke and Washington, DC at Sullivan & Worcester. He founded Centennial with the purpose of making it easier for businesses to operate in emerging markets, with a focus on more affordable, reliable and environmentally sustainable power supply.
He holds a Juris Doctor from the George Washington University Law School and B.A., Magna Cum Laude, from the George Washington University.
He can be emailed directly at DJF@CentennialGen.com.
Erica Mbanda manages Centennial’s business development activities in Rwanda and throughout the region. She brings extensive experience to Centennial in project and relationship management, procurement and acquisition of businesses.
Prior to joining Centennial, Ms. Mbanda worked as the Executive Assistant of Special Projects to the CEO of a major holding company in Rwanda with a portfolio of leading cross-sectoral businesses. In this role, her focus was within the construction and hospitality sectors.
Ms. Mbanda holds an undergraduate degree in Psychology/Sociology and a Master’s in Counseling from the University of Colorado at Colorado Springs.
Jean Pierre Murenzi brings technical expertise to Centennial's sales team. Trained in electrical and computer engineering at Carnegie Mellon University, Mr. Murenzi offers a thorough knowledge of energy markets in East Africa, and experience in finding solutions to the region's electricity challenges.
Prior to joining Centennial, Mr. Murenzi worked with leading solar companies focused on rural electrification in Tanzania and Rwanda. His work has been published by the Institute of Electrical and Electronics Engineers (IEEE).
He holds a Master's of Science in Electrical and Computer Engineering, Cum Laude, from Carnegie Mellon University and a B.A., Cum Laude, from Southwestern University in Texas.
Ivan Asiimwe leads Centennial's operations team with a particular focus on system design, installation and asset management. Mr. Asiimwe is a trained electrical engineer, with experience overseeing the research, design, installation and commissioning of over 12 solar and battery energy storage systems in Rwanda, Burundi and the Democratic Republic of Congo.
Prior to joining Centennial, Ivan worked as the Director of Engineering at a leading solar energy company in Rwanda.
Mr. Asiimwe holds a degree in electrical engineering from the University of Rwanda.
Ildephonse Timothy Niringiyimana manages Centennial's project construction, asset management, and customer site visits.
His prior experience includes hospitality, construction and logistics throughout Sub-Saharan Africa.
Mr. Niringiyimana has worked with Centennial since the company first entered the market in Rwanda. He has studied in the Rwanda and Uganda.
Rosine Mukabalisa is an Administrative Assistant with Centennial. She is currently studying for level F5 of the Association of Chartered Certified Accountants (ACCA).
Her previous experience includes working at the Statistics Departments of Kicukiro District and Nyarugenge District, and freelance translation from Kinyarwanda to English.
She received a Bachelor of Commerce from Bharathiar University in Coimbatore, India.
Nathaniel Greeson serves as Counsel for Centennial, with a focus on project documentation and investment. He has served in various legal and counsel capacities across Federal and international organizations, including the U.S. Environmental Protection Agency, the U.S. Department of Homeland Security, and the UN Food and Agriculture Organization.
Mr. Greeson holds a Juris Doctor from Vanderbilt University School of Law and a B.A. from Belmont University.
Shane Trexler brings a depth of experience in engineering and design for sustainable facilities. He has advised private companies and governments on the implementation of energy conservation plans and has designed, developed and integrated renewable energy technologies for these customers. His portfolio includes integrated solar, wind, and battery storage systems as well as supplemental grid-tied solar generation for large commercial buildings.
He holds a Bachelors of Science in Mechanical Engineering from Rensselaer Polytechnic Institute, an MBA from George Mason University, and he is also a LEED Accredited Professional.
Centennial's solar project at the Kigali Genocide Memorial in Gisozi was installed at no upfront cost to the Memorial. The project meets the majority of the Memorial Center's power needs during sunlight hours and helps the facility to reduce its electricity costs and carbon footprint.
During Phase 2 of the project, scheduled for later this year, Centennial will co-locate the existing solar system with battery storage in order to maintain the facility’s operational resiliency and reduce a large portion of the Memorial’s need for standby diesel generation.
Centennial's battery storage system at a hotel and restaurant provides uninterrupted power supply to the facility and substantially reduces the need for emergency diesel fuel.
The system saves the customer money on fuel costs, and will be integrated with a solar system after a new addition to the hotel is completed in 2017.
The hotel and restaurant is located in Kiyovu, a neighborhood in Kigali, Rwanda.
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CNBC Africa: At no upfront cost, Centennial offers affordable, reliable and non-polluting power systems for customers. Our power systems integrate solar photovoltaic technology with battery storage systems. Instead of selling the equipment to our customers, we sell the power that is generated from the equipment.
Accelerator: Noting that the majority of solar investment in markets throughout the African continent is currently based in rural areas for pay-as-you-go solar kits in villages and large utility scale projects that sell electricity into the national grid, Founder and Managing Director of Centennial, David John Frenkil, said, “While these rural solar projects are extremely important for the region’s development, Centennial focuses on a currently under-addressed challenge for commercial and industrial customers in and near urban centers that need a more affordable and reliable power supply.”
The East African: "Instead of requiring upfront capital, Centennial is selling us the electricity generated by the solar system at a discount compared with our current power costs. This will allow us to dedicate more funds to our remembrance and peace education programs."
SNL Financial: The company said it is working with customers representing various sectors of Rwanda's economy, including hotels, office buildings, factories, mines, food distribution companies, health clinics and large residences.
Power Finance & Risk: "The U.S. solar market is long on capital and short on deals. The competitive environment is driving down expected investor returns in the contiguous 48 states. This is coupled with the ability of certain solar investors to tap relatively low-cost financing from the capital markets, especially at a time when U.S. solar incentives are, at best, awkward, arcane and perverse... [In growth markets,] investors can currently achieve unlevered returns in the mid-teens or higher."
SNL Financial: "We were attracted to Rwanda's good governance, rule of law and ... we were looking for a market where we can establish a long-term presence, bring local workers onto our team and add value in terms of offering reliable and affordable access to electricity in a way that reduces emissions."