The investment is SunFunder’s first transaction in Southeast Asia and will support SunSource Energy’s growth across the region towards developing and operating solar projects for commercial and industrial clients. Delhi NCR: SunSource Energy, a leading provider of solar- based energy solutions to commercial & industrial (C&I) customers, has entered into a Project Financing agreement with […]
SunFunder reaches $70 million close for Solar Energy Transformation Fund
SunFunder’s Solar Energy Transformation Fund backs solar companies improving energy access across Africa and Asia. The off-grid solar finance company’s blended-finance fund closed $70 million with investments from OeEB, the development bank of Austria, Swedfund, Bank of America, Mercy Investment Services, the Schmidt Family Foundation and members from the Toniic impact investor network. The nine-year […]
SunFunder and others back SunCulture with $11m
SunFunder through its Solar Energy Transformation Fund, has acted as a lead arranger in a $11m syndicated debt facility to SunCulture, a solar irrigation company headquartered in Nairobi, Kenya. SunFunder arranged as well as invested in the facility, leading a group of lenders comprising Triodos Investment Management, Nordic Development Fund, AlphaMundi and the AfDB’s Off-Grid […]
Inspira Farms gets $500k loan from SunFunder to deploy first-mile cold chain installations
December 26, 2020 : SunFunder, a recurring partner of InspiraFarms has confirmed a new $500k loan which will provide working capital to deploy our agricultural first-mile cold chain installations in Africa. The new loan is the first step in a new collaboration on a pioneering asset financing structure to support the rollout of units. SunFunder […]