Sun King Raises $260 Million, Led By General Atlantic's Beyondnetzero, To Expand Global Access To Affordable Solar Energy

Apr 27, 2022•about 3 years ago

Amount Raised

$260 Million

Nairobi

Description

Today, Sun King, the largest provider of solar energy products for off-grid homes in Africa and Asia, announced it has raised $260 million in Series D funding, led by BeyondNetZero, the climate investing venture of General Atlantic, a leading global growth equity firm, along with M&G Investments' Catalyst team and Arch Emerging Markets Partners. Founded in 2007 as Greenlight Planet, the company recently rebranded as Sun King, the name under which its products have long been sold.

Company Information

Company

Sun King

Location

Nairobi, Nairobi County, Kenya

About

Sun King is the world's largest off-grid solar energy company, serving the 1.8 billion people across Africa and Asia who lack access to reliable electricity. Through innovative product design, affordable pay-as-you-go financing, and a grassroots field team of 15,000 agents providing installation and service, Sun King has powered the lives of over 82 million people. Founded in 2007 as Greenlight Planet, Sun King sets the gold standard for off-grid solar technology as part of its mission: powering access to brighter lives. For more information, please visit: www.sunking.com.

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Sun King Raises $260 Million, Led By General Atlantic's Beyondnetzero, To Expand Global Access To Affordable Solar Energy

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Company Information