TotalEnergies led the equity portion of a round bringing the off-grid energy provider’s total debt and equity financing to over $270m.
Tanzania-based distributed electricity provider Zola Electric raised $90m in an equity and debt round led by oil and gas producer TotalEnergies’ corporate venturing arm, TotalEnergies Ventures, TechCrunch reported yesterday, citing a company statement. The $45m equity portion was filled out by DBL Partners, Helios Investment Partners, Vulcan Capital, Electron Capital Partners and Lyndon and Peter…
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.