January 17

LeapFrog Invests $70 Million in Kenya-Based Solar Home Systems Provider Sun King

Kenya-based solar home systems provider, Sun King, has secured $70 million in equity investment led by London-based firm LeapFrog Investments, in an extension of the former’s Series D round of funding. Through this new investment, Sun King has now increased its $260 million Series D funding round to $330 million.

Photo courtesy of Marufish.

Source: SolarQuarter (link opens in a new window)

Energy, Investing
housing, impact investing, renewable energy, rural development, solar