Liberia/Sierra Leone: Easy Solar raises $5m

Issue 424 - 08 Oct 2020

Off-grid solar company Easy Solar announced on 29 September that it has raised $3m through its series A equity round from impact investor Acumen and the Netherlands’ FMO, and $2m of debt through crowdfunding platform Trine. Easy Solar operates in Liberia and Sierra Leone. “Sierra Leone’s low electrification rates combined with limited alternatives for clean energy make Easy Solar’s business model highly relevant,” FMO venture programme manager Marieke Roestenberg said.

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