Kenyan home solar provider receives international backing
A quartet of international finance organisations have provided the latest backing to the African home solar market.
Source: iclg.com
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Sustainability
Standard Bank Group, Citi, Norfund and CDC Group fund Greenlight Planet Kenya, leading solar energy business in Africa
Source: africa.com
Finnfund, Norfund increase West Africa's Starsight senior debt facility to $20m
Starsight, a Commercial and Industrial (C&I) solar power provider in West Africa announced Finnfund and Norfund have increased their senior debt facility from $10 million to $20 million. The new funding will enable Starsight to continue to deliver its market leading energy-as-a-service hybrid solar solutions to C&I customers in Nigeria and Ghana. Starsight, Finnfund, and Norfund closed the original $10 million facility in June 2019. Since then, Starsight has expanded its portfolio to over 500 sites, 36 MW of installed generating capacity, and 28 MWh of storage capacity across Nigeria and Ghan...
Source: africabusinesscommunities.com