Easy Solar

Easy Solar Debt Financing

Funding Round
Easy SolarApril 13, 20224y ago

Amount Raised

$5M

Date Announced

Apr 13, 2022

4y ago

Disclosed Investors

2

Linked Sources

1

Easy Solar Debt Financing round record, dated Apr 13, 2022, amount listed $5M, 2 disclosed investors.

Notes

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.”

Disclosed Investors (2)
Record Details
Date announced
April 13, 2022
Round
Debt Financing
Amount raised
$5,000,000
Pre-money valuation
Post-money valuation
Disclosed investors
2
Lead investors
0
Linked sources
1