Daystar secures US$38 million for west African expansion
West African off-grid solar electricity supplier raises US$38 million to expand its operations in in Nigeria, Ghana, Côte d’Ivoire, Senegal and Togo.
Source: pv-tech.org
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Breaking News | Daystar Power secures $38 million Series B investment led by IFU
Views: Visits 25 Daystar Power, a leading provider of hybrid solar power solutions to businesses in West Africa, today announced a Series B investment of $38 million. The round was led by the Investment Fund for Developing Countries (IFU), the Danish development finance institution (DFI). IFU is joined by new investors STOA, a French impact infrastructure fund, Proparco, the French DFI, backed by a guarantee from the European Union under the African Renewable Energy Scale-Up facility (ARE Scale-Up) and Morgan Stanley Investment Management. Taking into account the previous round by V...
Source: thestreetjournal.org
Daystar Power secures $38 million Series B investment led by IFU
Daystar Power, a leading provider of hybrid solar power solutions to businesses in West Africa, today announced a Series B investment of $38 million. The round was led by the Investment Fund for Developing Countries (IFU), the Danish development finance institution (DFI). x IFU is joined by new investors STOA, a French impact infrastructure fund, Proparco, the French DFI, backed by a guarantee from the European Union under the African Renewable Energy Scale-Up facility (ARE Scale-Up) and Morgan Stanley Investment Management. Taking into account the previou...
Source: guardian.ng