Starsight Energy, a Helios-backed solar energy solutions firm, claimed that it has obtained a $10 million funding. This will enlarge its current senior debt facility during a bid to proportion, its generation capacity and services within the Nigerian and Ghanaian markets.
The on-grid and off-grid energy services provider had their existing debt with Finnfund and Oslo-based Norfund. These two European development financiers have an interest in developing countries. Helsinki-based Finnfund had increased by 100 per cent to $20 million.
Starsight chief, Tony Carr said, “As we expand from Nigeria to Ghana and beyond, this funding will be key to our ability to swiftly deploy hybrid-solar solutions to new C&I customers.”
Starsight company is uniquely positioned to stay as a market leader. It is done because of this backing from the Nordic DFI’s, Africa Infrastructure Investment Managers and also as our equity investors Helios Investment Partners.
Data source: Premium Time
