Off-Grid Solar Solutions Provider d.light Raises $41 Million in Equity Funding
Funds will help the company’s solar and its “Pay As You Go” consumer finance business model in Africa
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Off-grid solar solutions provider d.light has raised $41 million in equity financing from a consortium led by Inspired Evolution, an Africa-focused investment advisory firm that specializes in the energy sector. Consortium partners include the Dutch Development Bank FMO, as well as government-sponsored investment funds Swedfund and Norfund.