Greenlight Planet, which provides solar-powered home energy systems and financing in sub-Saharan Africa, plans to seek new finance to pay for expansion, CEO T. Patrick Walsh tells The Africa Report. In September, the company secured $90m in funding from investors including the CDC Group, FMO, and Norfund. The finance is being used to replace unsecured […]
AFRICA : Greenlight gets $90 million to distribute its solar home systems
Solar home systems provider Greenlight Planet has just secured $90 million to accelerate the distribution of its solar home systems in Africa. The funds were obtained as part of a financial mobilization involving several financial institutions including Commonwealth Development Corporation (CDC Group), the Netherlands Development Finance Corporation (FMO), Norfund and ARCH Emerging Markets Partners. This […]