Debt investors included Deutsche Bank, Global Partnerships, SunFunder, PG Impact Investments, responsAbility and SIMA Funds. Greenlight Planet's Post. So we work with Citi and other lenders to be able to access the debt for us to extend purchase financing to off-grid families," - Anish Thakkar, Co-Founder, Greenlight Planet, at the recent event hosted by Devex.The discussion explores challenges and opportunities in uniting off-grid homes with . PAYG solar co Greenlight Planet raises USD 90m for expansion At all relevant times herein, Greenlight Funding Group, LLC ("GFG") is, or was, a Greenlight Planet, Inc. Vodacom 11 Nov 2019 $60,000,000 Venture capital CleanTechnica Greenlight Planet Raises $60 Million For Off-Grid Solar Financing Energy Funding Apps & Services Greenlight Planet, Inc. 07 Dec 2017 PE HUB | Greenlight Planet inks $60 mln Energy Funding Apps & Services Greenlight Planet, Inc. 05 Dec 2017 CleanTechnica Leawood, Kansas 66211 . Greenlight Planet, a solar Pay-As-You-Go (PAYG) off-grid solar solutions provider in sub-Saharan Africa and South Asia, secured $90 million in funding. Greenlight Planet, Inc. - Email & Phone of top management contacts Greenlight Planet Company Profile - Craft In four years we've sold 1.6 million solar lights to off-grid families in South Asia and Africa all paid for up-front, in cash the latter 1 million customers acquired over the past year. The. Greenlight Planet - Overview, News & Competitors | ZoomInfo.com The round was led by Fidelity Growth . Their vision is that smart design, efficient engineering, and innovative distribution strategies can make dirty, polluting kerosene lanterns a . Our products were recognized recently . September 23 (Renewables Now) - Off-grid solar products provider Greenlight Planet Inc on Tuesday said it is set to expand its pay-as-you-go (PAYG) solar consumer financing business and consolidate its debt portfolio after raising USD 90 million (EUR 76.9m) in new financing. The deal, which follows a $4 million series A round in 2012 led by global private equity firm . CDC Group announces joint funding to Greenlight Planet's solar business Close to 900 jobs will be created, including permanent staff and opportunities for rural entrepreneurs to work as PAYG agents. Greenlight Planet, Solar Pay-As-You-Go Market Leader, Secures $90 Company Greenlight Planet News, Employees and Funding Information Explore our products to find the best option for you. Standard Bank, Citi, Norfund and CDC invest $75 million in Greenlight Greenlight Planet Inc., a provider of off-grid solar products and solar financing for underserved populations around the world, raised $60m in debt and equity funding. Greenlight Planet Inc., the largest provider of solar-powered home energy products in sub-Saharan Africa and South Asia, has secured $90 million in new funding to expand its Pay-As-You-Go Since its founding in 2009, the company has become a leading global provider of solar . GreenLight Fund - Invested in change Greenlight Planet, Inc. - Index Sun King is funded by 19 investors. Greenlight Planet's Sun King products offers clean, renewable and reliable energy to sixty million individuals across 65 countries. Greenlight Planet, Inc. is a private company. Greenlight started with a seed round of funding and a series A fundraising round is now under way. Greenlight Planet is a market leader. Last Funding Type Series D Also Known As Greenlight Planet Legal Name Greenlight Planet Inc. Company Type For Profit Contact Email sales@greenlightplanet.com Phone Number 1 (888) 573-5592 Lists Featuring This Company Greater Chicago Area Companies With More Than 500 Employees Greenlight Planet Stock / Share Price, Funding Rounds - Craft Expanding energy access in Africa - Norfund Greenlight Planet Inc. secures $90 million funding for expansion They include tools like cdns, SSL, widgets among others Cdns 13 technologies used Greenlight Planet Raises $10M in Funding - FinSMEs Greenlight Planet Receives Funding of $10 Million - NextBillion The KES denominated loan will minimize Greenlight Planet's exposure to currency exchange fluctuations, allowing the business to focus on growth, employment, and innovation. This new funding will enable Greenlight Planet to further expand its Pay-As-You-Go (PAYG) solar home systems business in Kenya, Tanzania, Uganda and Nigeria. The PAYG model will also provide . Greenlight Planet was founded in 2007 by a team of student engineers at the University of Illinois, Urbana-Champaign. of Investors 14 See all funding roundschevron_right Greenlight Planet's technology stack Greenlight Planet uses over 3 web technology tools on its website. Incorporated in 2009, Greenlight Planet, Inc. belongs to the Consumer Goods & FMCG industry and specialises in Africa, Asia, Clean Energy, Global Partnerships, Renewable Energy, Retail, Rural Marketing, solar energy, Solar Products. Our Mission - GreenLight Fund Greenlight Planet Total Funding $79 M Company summary Overview Greenlight Planet develops and manufactures solar light and energy devices. Greenlight Planet Raises $75 Million To Expand Access To - SolarQuarter PDF California Department of Corporations-Desist and Refrain Order Greenlight Planet's Funding History StartupList Africa The round was led by Apis . Sun King - Crunchbase Company Profile & Funding Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. This new funding will enable Greenlight Planet to further expand its Pay-As-You-Go (PAYG) solar home systems business in Kenya, Tanzania, Uganda and Nigeria. Founded. Greenlight Planet, a Chicago, IL-based company that distributes solar energy products for off-grid homes in the developing world, raised $10m in funding. Greenlight Planet - Overview, Financials, Competitors StartupList Africa They are also introducing lower-cost products that will be more affordable by the bottom 20 or 30 per cent on low incomes. And they often have to walk considerable distances. Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in . Status: Active. Greenlight Planet Debt Financing Funding StartupList Africa It was founded in 2009. Greenlight Planet 1mo Today, we're excited to announce Sun King has raised $260 million in Series D funding, led by BeyondNetZero, the climate investing venture of leading growth equity firm. Read more about our Greenlight Planet on LinkedIn: Sun King raises $260M to widen clean energy access in Africa, Asia Greenlight Planet's goal is to bring affordable, clean energy to every under-electrified household that needs it. Of the total investment, US $69 million has been disbursed to Greenlight Planet, with the balance to be drawn down as the company delivers additional solar-powered home energy systems, with end-consumer financing, to homes in Africa. It offers solar lighting devices. Greenlight Planet, Solar Pay-As-You-Go Market Leader, Secures $90 Million Invest. The Company's Sun King solar, powered lights and phone chargers are used by the customers in South Asia, Latin America, East Africa and West Africa. Greenlight Planet Secures $90 Million Investment - Sun Connect In May, Greenlight launches a new lamp which includes a phone charger. The deal also includes integrating three sustainability linked KPIs to the funding which covered both social and environmental metrics. Greenlight Planet's latest funding round in December 2017 was reported to be $60 m. In total, Greenlight Planet has raised $79 m Greenlight Planet Employee Rating 4.1 109 votes Culture & Values Work/Life Balance Senior Management Salary & Benefits Career Opportunities 5 0 2 4 Culture & Values 4.2 Work/Life Balance 3.8 Senior Management 3.9 Sun King has raised a total of $497M in funding over 6 rounds. Solar Lanterns GreenLight Fund - Invested in change Investing in Community-Driven Change. Existing shareholders Eight Roads Ventures and Bamboo Capital Partners also participated in the equity funding round. Today, we're excited to announce Sun King has raised $260 million in Series D funding, . 6900 College Boulevard, Suite 930 . DESIST AND REFRAIN ORDER (For violations of section 23005 of the California Financial Code) The California Corporations Commissioner finds that: 1. New Funding to Expand the Company's Pay-As-You-Go Solar Financing Business, Backed by Leading Investors CDC Group, FMO, Norfund, and ARCH Emerging Markets Partners Nairobi, Kenya, September 22, 2020: Greenlight Planet Inc., the largest provider of solar-powered home energy products in sub-Saharan Africa and South Asia, has secured $90 million . Greenlight Planet, Solar Pay-As-You-Go Market Leader, Secures $90 Greenlight Planet - Traffic, Revenue, Competitors, Business Model, Funding Bringing affordable, clean energy to those in need. Instrument: Loans. The project aims to sell 64,000 units in Uganda, bringing first-time electricity to 48,000 households and improving energy access in an additional 16,000 households. How a Mandate for Impact in Emerging Markets Helped the IFC Outperform t. Advanced search Rankings Countries Industries More Login SWITCH TO PRO . Greenlight Planet, Solar Pay-As-You-Go Market Leader, Secures $90 Greenlight Planet was founded in 2007 by a team of student engineers at the University of Illinois, Urbana-Champaign, and established offices in . menu Greenlight Planet, Inc. is a Consumer Goods company and has headquarters in Brea, California, United States. Greenlight Planet is a for-profit social business that designs, distributes, and finances solar home energy with an under-served population in mind: the 1.2 billion global consumers for whom the old-fashioned electrical grid is unavailable or too expensive. Greenlight Planet Inc., the largest provider of solar-powered home energy products in sub-Saharan Africa and Asia, has won the 'Award of Excellence - Power' at the 22nd annual S&P Global . Standard Bank, Citi, CDC and Norfund back Greenlight Planet Kenya Greenlight Planet secures $90m in equity and debt funding 1mo Greenlight Planet announces new funding as revenue rebounds Issue 424 - 08 Oct 2020 - By Dan Marks Africa's largest off-grid solar company Greenlight Planet has raised $90m of new financing as early Q3 figures show revenue has already surpassed Q1 levels despite the coronavirus pandemic. Greenlight Planet's latest round was a Private Equity round. Funding Rounds Number of Funding Rounds 6 Total Funding Amount $497M Led by Apis Growth Fund I, Greenlight Planet raised $60m, including equity and debt. Greenlight Planet Raises $60 Million for Off-Grid Solar Financing Kenya: Greenlight Planet raises $75m | African Energy Greenlight Planet Raises $60M in Debt and Equity Funding Greenlight Planet 42,315 followers. The GreenLight Fund helps transform the lives of children, youth and families in high-poverty urban areas by creating local infrastructure and a consistent annual process to: Identify critical needs; Import innovative, entrepreneurial programs that can have a significant, measurable impact, and; Greenlight Planet secures $90m investment in new funding Greenlight Planet Raises $60 MM for Off-Grid Solar Financing Business In case you missed it, we raised $260 million in Series D funding, led by BeyondNetZero, the climate investing venture of General Atlantic. Greenlight Planet News & Media Funding and M&A Roundup: Off-Grid Solar Company Sun King Raises $260 Million in Funding Sun King (formerly Greenlight Planet), a provider of solar energy products for off-grid homes in Africa and Asia, raised . Solar Power that Suits You. New Funding to Expand the Company's Pay-As-You-Go Solar Financing Business, Backed by Leading Investors CDC Group, FMO, Norfund, and ARCH Emerging Markets Partner. We work at the intersection of community need and social innovation. Sun King home systems and lanterns accommodate a wide range of needs. Greenlight Planet | LinkedIn It brings Greenlight Planet's total funding to more than $170 million, and ushers in a new phase of growth for the company. Greenlight Planet partners with a network of more than 100 distributors, including retailers, NGOs, and over 40 micro-finance institutions, to provide sales and service for off-grid communities in . Greenlight, the fintech company that pitches parents on kid-friendly bank accounts, has raised $260 million in a Series D funding round that nearly doubles its valuation to $2.3 billion. BENGALURU: Solar energy product company Greenlight Planet has raised $10 million (Rs in funding led by Fidelity Growth Partners India to support its distribution expansion efforts in India and Southeast Asia. Solar energy product company Greenlight Planet has raised $10 million (Rs in funding led by Fidelity Growth Partners India to support its distribution expansion efforts in India and Southeast Asia. Of the total $90 million in committed funding, $69 million has been disbursed to the company, with the balance to be drawn down as the company delivers additional solar-powered home energy systems, with end-consumer financing, to homes in Africa. . Kenya's Greenlight Planet Receives USD$75M Funding to - Khusoko "This allows us to dramatically expand our pay-as-you-go financing business and put more units in the field," Greenlight Planet's Patrick Walsh told ImpactAlpha. Greenlight Planet raises $60m from Apis and others Greenlight Planet EKTA PARTNERS Today, we're excited to announce Sun King has raised $260 million in Series D funding, led by BeyondNetZero, the climate investing venture of leading growth equity firm General Atlantic. Sun King - Funding, Financials, Valuation & Investors - Crunchbase Find a startup, industry, investor, etc. 29th July 2022. Greenlight Planet Raises $75 Million To Expand Access To Off-Grid Solar Power. Greenlight Planet, Inc. has 714 employees. Case study: Greenlight Planet - Featuring an interview with Anish Powering Access to Brighter Lives - Greenlight Planet We install clean, safe, affordable solar power systems for homes that lack access to a reliable electrical grid. Kids-focused fintech Greenlight raises $260M in a16z-led Series D Greenlight Planet, the largest provider of solar-powered home energy products in Sub-Saharan Africa and South Asia, has secured $90m in new funding to expand its Pay-As-You-Go (PAYG) solar consumer financing business and consolidate its debt portfolio. Outcome and Impact. Greenlight Planet on LinkedIn: Spotlight on: Innovations in development Greenlight Planet's Post - LinkedIn Greenlight Planet on LinkedIn: Sun King raises $260M to widen clean Greenlight Planet, a solar home energy company, has raised $60 million (~3.86 billion) in funding from a group of investors led by London-based private equity fund manager Apis Partners. Greenlight Planet honoured the 'Award of Excellence -Power' at 22nd September 22, 2020 09:00 AM Eastern Daylight Time NAIROBI, Kenya-- ( BUSINESS WIRE )--Greenlight Planet Inc., the largest provider of solar-powered home energy products in sub-Saharan Africa. "We need to build sustainable, profitable, at-scale, bankable, solar financing businesses. Greenlight Planet - EEP Africa Greenlight Planet Funding Details Total venture and debt funding raised by Greenlight Planet from accredited investors Rounds Year Amount Private Equity 2020 $90M Debt Financing 2019 $2.14M Private Equity 2017 $60M Series C 2016 $5M Series B 2015 $10M Greenlight Planet Revenue & Other Metrics A group of international development finance companies and commercial banks, which includes, CDC Group, Citi, Norfund, and Standard Bank Group have joined hands to grant funding worth USD 75 million to the African solar home energy solutions provider, Greenlight . Kenya: Greenlight Planet raises $75m Issue 449 - 01 Nov 2021 Solar products company Greenlight Planet Kenya has secured a Kenyan shilling-denominated financing facility worth $75m from a group of commercial banks and development finance institutions - Standard Bank Group, Citi, CDC Group and Norfund - it was announced on 26 October. Greenlight Planet's Funding History Greenlight Planet has raised over $171,000,000.00 in funding across 6 rounds by 17 investors. Greenlight Planet, Solar Pay-As-You-Go Market Leader, Secures $90 Jobs at Sun King | Sun King Careers Off-Grid Solar Solutions Provider Greenlight Secures $90 Million in Funding NAIROBI, Kenya - 2017: London-based private equity fund manager Apis Partners and other investors announced disbursement of $60 MM in new funding to Greenlight Planet Inc., the leading provider of off-grid solar products and solar financing for underserved populations around the world. The KES denominated loan will minimize Greenlight Planet's exposure to currency exchange fluctuations, allowing the business to focus on growth, employment, and innovation. Greenlight Planet designs, manufactures, distributes, and finances solar-powered home energy systems and appliances for those without access to a consistently reliable and affordable electrical grid. Off-grid solar (OGS) systems play a vital role is supporting inclusive economic growth, by providing cleaner energy and improving quality of life, health and safety. ARCH Emerging Markets Partners and Beyond Net Zero are the most recent investors. The deal also includes integrating sustainability linked KPIs such as the number of people benefiting from reliable energy financing funding, Greenlight Planet - an Unreasonable company Powering Access to Brighter Lives - Greenlight Planet Their latest funding was raised on Apr 27, 2022 from a Series D round. Greenlight Planet announces new funding as revenue rebounds Greenlight Planet inc - Norfund By: Evelyn Fok, ET Bureau. Greenlight Planet | LinkedIn TO: GREENLIGHT FUNDING GROUP, LLC . GreenLight facilitates a process so communities can identify and address their unmet, local needs. Under its Sun King bran . Greenlight Planet is a social-mission, for-profit business that since 2009 has sold over 13 . May 4, 2022 mercomindia.com Greenlight Planet is on a mission to revolutionize rural energy access for the 1.5 billion off-grid villagers who use dirty, dangerous kerosene lanterns for light. Greenlight Planet raises $90 million to bring off-grid solar to new Greenlight Planet's funding history Total raised $425,000,000.00 Latest Round Series D No. Their ability to attract lending from world-class commercial banks is a testament to this and a positive signal for the OGS market.". The company is located in Chicago, United States and has an estimated revenue and employee in the range of $50 to . KENYA - Greenlight Planet Inc., the largest provider of solar-powered home energy products in sub-Saharan Africa and South Asia, has secured $90 million in new funding to expand its Pay-As-You-Go (PAYG) solar consumer financing business and consolidate its debt portfolio. . . Login client. Approach Results Sites Portfolio About Persistent needs demand innovative, effective responses. Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia. We are expanding . Greenlight Planet receives funding of $10 million Greenlight Planet receives funding of $10 million - Sun King ET Bureau BENGALURU: Solar energy product company Greenlight Planet has raised $10 million (Rs in funding led by Fidelity Growth Partners India to support its distribution expansion efforts in India and Southeast Asia. The investment would fuel the expansion of the company's solar consumer financing business and consolidate its debt portfolio. Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners Greenlight Planet Inc. has secured $90 million in new funding to expand its Pay-As-You-Go (PAYG) solar consumer financing business and consolidate its debt portfolio. Greenlight Planet, Inc. Profile | GetCompanyInfo Total raised $171,000,000.00 Funded Over 6 rounds Latest round Private Equity Number of Investors 17 lock Export as CSV Records per page: 10 1-4 of 4 Greenlight Planet, Inc. specialises in consumer goods.