C

CrossBoundary Energy Private Equity

Funding Round
CrossBoundary Energy•July 14, 2022•4y ago

Amount Raised

$40M

Date Announced

Jul 14, 2022

4y ago

Disclosed Investors

2

Linked Sources

1

CrossBoundary Energy Private Equity round record, dated Jul 14, 2022, amount listed $40M, 2 disclosed investors.

Notes

Pieter Joubert, President and Chief Investment Officer, CrossBoundary Energy says, “We are very excited to welcome Norfund and KLP as investors. Their commitment is aligned with our belief that the business sector across Africa should be able to benefit from cheaper, cleaner and more reliable power. This investment validates CrossBoundary Energy’s position as a trusted provider of customer-centric renewable energy solutions to the African business community. We look forward to drawing on Norfund’s significant experience as seek to deliver an operational portfolio of over $300M in assets within the next 5 years.”

Disclosed Investors (2)
Norfund

Private Equity

Record Details
Date announced
July 14, 2022
Round
Private Equity
Amount raised
$40,000,000
Pre-money valuation
—
Post-money valuation
—
Disclosed investors
2
Lead investors
0
Linked sources
1