Havenhill Synergy Restricted, a Nigerian cleantech startup, has raised $4.6 million from Chapel Hill Denham Nigeria Infrastructure Debt Fund (NDIF) to assist develop 22 good photo voltaic mini-grids in Nigeria.
Havenhill, based in 2010 by CEO Olusegun Odunaiya, focuses on utilizing mini-grids to extend entry to electrical energy in rural areas.
Renewable power services are additionally obtainable for corporations in Nigeria’s manufacturing and business hubs.
Havenhill’s photo voltaic mini-grid answer is projected to offer renewable and reasonably priced electrical energy to as much as 70,000 folks in several communities.
Havenhill’s financing was accomplished from the fund’s lately accomplished Collection-7 capital increase.
Which included participation from the African Growth Financial institution, in line with NIDF CEO Anshul Rai.
