Candi Solar secures $38M in a Series C funding round led by Norfund, Kyuden International, and STOA to finance additional 200 MW of business solar projects.
Candi Solar secures $38M in a Series C funding round led by Norfund, Kyuden International, and STOA to finance additional 200 MW of business solar projects.
06/10/24, 9:12 AM
Location
Money raised
$38 million
Industry
solar
renewable energy
energy
Round Type
series c
Investors
Stoa, Kyuden International, Norfund
Candi Solar has successfully closed its Series C funding round, securing $38 million in equity investment led by Norfund, Kyuden International, and STOA. The investment is expected to fuel the company’s growth plans, facilitate financing of an additional 200 MW of business solar projects, and support hiring initiatives.
Company Info
Location
zurich, zurich, switzerland
Additional Info
candi solar partners with businesses to provide simple, end-to-end solar & battery solutions. Our flexible approach, coupled with our financial expertise, enables us to tailor an offering to your exact needs. Our shared value model guarantees we are invested for the long run, owning the risk and ensuring you reap the full rewards.