Engie has reinvested in solar energy platform BBoxx, expanding the off-grid solar energy provider's total funding to $40m as it prepares to expand in Africa.

UK-based solar energy technology provider BBoxx closed a $20m series C round this week co-led by low-carbon utility Engie’s investment unit, Rassembleurs d’Energies. The round was co-led by merchant bank MacKinnon, Bennett and Company (MKB) and private equity fund KawiSafi Ventures. Khosla Impact Fund, Bamboo Finance and Doen Foundation, a philanthropic outfit funded by three…

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