Nigerian distributed utility company, Arnergy, has raised $9 million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI, ElectriFI and All On.
The firm noted that the new development would help in achieving its expansion drive.
Anergy observed that millions of businesses across Nigeria require 100 per cent reliable and clean energy to maintain seamless operations and profits…
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