Easy Solar Debt Financing
Amount Raised
$5M
Date Announced
Apr 13, 2022
4y ago
Disclosed Investors
2
Linked Sources
1
Easy Solar
easysolar.orgEasy Solar Debt Financing round record, dated Apr 13, 2022, amount listed $5M, 2 disclosed investors.
According to Alexandre Tourre, co-founder and CEO of Easy Solar, “Despite the challenges of a global pandemic, Easy Solar grew by more than 300% between 2019 and 2021, demonstrating the scale of the demand for energy access, reliable backup power and affordable consumer electronics in West Africa. Access to affordable local currency debt financing has been one of the main constraints to accelerating our expansion in our core markets and beyond. The partnership with FEI-OGEF will allow us to strengthen and simplify our balance sheet while bringing access to energy to hundreds of thousands of people in Sierra Leone.”