Nigerian Renewable Solutions Provider Arnergy Raises $9 Million in Series A Funding

Arnergy has delivered over 2 MW of installed solar capacity and over 5 MWh of storage capacity to business and residential clients across Nigeria.

July 1, 2019

/ Anjana Parikh

/ Finance and M&A, Other

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Arnergy, a Nigerian distributed utility company, has announced raising $9 million in Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), ElectriFI, and All On.

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Anjana Parikh

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Nigerian Renewable Solutions Provider Arnergy Raises $9 Million in Series A Funding

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