IFC Backs CrossBoundary Access with US $10 Million Equity Investment
CrossBoundary Access today announced a US$10 million equity investment from the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets. This investment supports the continued construction and expansion of CrossBoundary Access’s portfolio of distributed renewable energy assets, including mini-grids, battery-as-a-service (BaaS), and adjacent technologies in Sub-Saharan Africa.
Photo courtesy of andreas160578.
Source: CrossBoundary Group (link opens in a new window)
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