Case study: Greenlight Planet - Featuring an interview with Anish Greenlight Planet, Inc. is a Consumer Goods company and has headquarters in Brea, California, United States. The KES denominated loan will minimize Greenlight Planet's exposure to currency exchange fluctuations, allowing the business to focus on growth, employment, and innovation. Greenlight Planet on LinkedIn: Spotlight on: Innovations in development Since its founding in 2009, the company has become a leading global provider of solar . Sun King has raised a total of $497M in funding over 6 rounds. Greenlight Planet's goal is to bring affordable, clean energy to every under-electrified household that needs it. Close to 900 jobs will be created, including permanent staff and opportunities for rural entrepreneurs to work as PAYG agents. Our products were recognized recently . Greenlight Planet's Funding History Greenlight Planet has raised over $171,000,000.00 in funding across 6 rounds by 17 investors. Login client. Incorporated in 2009, Greenlight Planet, Inc. belongs to the Consumer Goods & FMCG industry and specialises in Africa, Asia, Clean Energy, Global Partnerships, Renewable Energy, Retail, Rural Marketing, solar energy, Solar Products. of Investors 14 See all funding roundschevron_right Greenlight Planet's technology stack Greenlight Planet uses over 3 web technology tools on its website. Greenlight Planet Raises $10M in Funding - FinSMEs Today, we're excited to announce Sun King has raised $260 million in Series D funding, . Greenlight Planet, Inc. - Index PDF California Department of Corporations-Desist and Refrain Order Greenlight Planet Inc., the largest provider of solar-powered home energy products in sub-Saharan Africa and South Asia, has secured $90 million in new funding to expand its Pay-As-You-Go The round was led by Apis . DESIST AND REFRAIN ORDER (For violations of section 23005 of the California Financial Code) The California Corporations Commissioner finds that: 1. Find a startup, industry, investor, etc. This new funding will enable Greenlight Planet to further expand its Pay-As-You-Go (PAYG) solar home systems business in Kenya, Tanzania, Uganda and Nigeria. Greenlight Planet - Overview, Financials, Competitors StartupList Africa Greenlight Planet's latest round was a Private Equity round. . CDC Group announces joint funding to Greenlight Planet's solar business Leawood, Kansas 66211 . Greenlight Planet was founded in 2007 by a team of student engineers at the University of Illinois, Urbana-Champaign. New Funding to Expand the Company's Pay-As-You-Go Solar Financing Business, Backed by Leading Investors CDC Group, FMO, Norfund, and ARCH Emerging Markets Partner. Greenlight Planet, Solar Pay-As-You-Go Market Leader, Secures $90 NAIROBI, Kenya - 2017: London-based private equity fund manager Apis Partners and other investors announced disbursement of $60 MM in new funding to Greenlight Planet Inc., the leading provider of off-grid solar products and solar financing for underserved populations around the world. Greenlight Planet is a market leader. Greenlight Planet - Overview, News & Competitors | ZoomInfo.com Greenlight Planet, Solar Pay-As-You-Go Market Leader, Secures $90 Million Invest. Last Funding Type Series D Also Known As Greenlight Planet Legal Name Greenlight Planet Inc. Company Type For Profit Contact Email sales@greenlightplanet.com Phone Number 1 (888) 573-5592 Lists Featuring This Company Greater Chicago Area Companies With More Than 500 Employees Of the total $90 million in committed funding, $69 million has been disbursed to the company, with the balance to be drawn down as the company delivers additional solar-powered home energy systems, with end-consumer financing, to homes in Africa. Greenlight Planet - Traffic, Revenue, Competitors, Business Model, Funding . In four years we've sold 1.6 million solar lights to off-grid families in South Asia and Africa all paid for up-front, in cash the latter 1 million customers acquired over the past year. Kenya: Greenlight Planet raises $75m Issue 449 - 01 Nov 2021 Solar products company Greenlight Planet Kenya has secured a Kenyan shilling-denominated financing facility worth $75m from a group of commercial banks and development finance institutions - Standard Bank Group, Citi, CDC Group and Norfund - it was announced on 26 October. Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. Instrument: Loans. Solar energy product company Greenlight Planet has raised $10 million (Rs in funding led by Fidelity Growth Partners India to support its distribution expansion efforts in India and Southeast Asia. It offers solar lighting devices. Status: Active. Sun King - Funding, Financials, Valuation & Investors - Crunchbase Today, we're excited to announce Sun King has raised $260 million in Series D funding, led by BeyondNetZero, the climate investing venture of leading growth equity firm General Atlantic. Greenlight Planet - an Unreasonable company Greenlight Planet secures $90m investment in new funding Jobs at Sun King | Sun King Careers Greenlight Planet, Inc. has 714 employees. At all relevant times herein, Greenlight Funding Group, LLC ("GFG") is, or was, a Greenlight Planet Inc. has secured $90 million in new funding to expand its Pay-As-You-Go (PAYG) solar consumer financing business and consolidate its debt portfolio. September 23 (Renewables Now) - Off-grid solar products provider Greenlight Planet Inc on Tuesday said it is set to expand its pay-as-you-go (PAYG) solar consumer financing business and consolidate its debt portfolio after raising USD 90 million (EUR 76.9m) in new financing. TO: GREENLIGHT FUNDING GROUP, LLC . New Funding to Expand the Company's Pay-As-You-Go Solar Financing Business, Backed by Leading Investors CDC Group, FMO, Norfund, and ARCH Emerging Markets Partners Nairobi, Kenya, September 22, 2020: Greenlight Planet Inc., the largest provider of solar-powered home energy products in sub-Saharan Africa and South Asia, has secured $90 million . It brings Greenlight Planet's total funding to more than $170 million, and ushers in a new phase of growth for the company. The KES denominated loan will minimize Greenlight Planet's exposure to currency exchange fluctuations, allowing the business to focus on growth, employment, and innovation. May 4, 2022 mercomindia.com Greenlight Planet 42,315 followers. Existing shareholders Eight Roads Ventures and Bamboo Capital Partners also participated in the equity funding round. Founded. Greenlight Planet Inc., the largest provider of solar-powered home energy products in sub-Saharan Africa and Asia, has won the 'Award of Excellence - Power' at the 22nd annual S&P Global . Under its Sun King bran . Greenlight Planet Raises $75 Million To Expand Access To Off-Grid Solar Power. Greenlight Planet | LinkedIn Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in . Their ability to attract lending from world-class commercial banks is a testament to this and a positive signal for the OGS market.". Greenlight Planet designs, manufactures, distributes, and finances solar-powered home energy systems and appliances for those without access to a consistently reliable and affordable electrical grid. Greenlight Planet Secures $90 Million Investment - Sun Connect BENGALURU: Solar energy product company Greenlight Planet has raised $10 million (Rs in funding led by Fidelity Growth Partners India to support its distribution expansion efforts in India and Southeast Asia. Greenlight Planet Receives Funding of $10 Million - NextBillion Approach Results Sites Portfolio About Persistent needs demand innovative, effective responses. Explore our products to find the best option for you. Greenlight Planet on LinkedIn: Sun King raises $260M to widen clean Greenlight Planet partners with a network of more than 100 distributors, including retailers, NGOs, and over 40 micro-finance institutions, to provide sales and service for off-grid communities in . By: Evelyn Fok, ET Bureau. Powering Access to Brighter Lives - Greenlight Planet The round was led by Fidelity Growth . The investment would fuel the expansion of the company's solar consumer financing business and consolidate its debt portfolio. Outcome and Impact. Greenlight Planet announces new funding as revenue rebounds Our Mission - GreenLight Fund Greenlight Planet Company Profile - Craft Greenlight Planet receives funding of $10 million Greenlight Planet, a solar Pay-As-You-Go (PAYG) off-grid solar solutions provider in sub-Saharan Africa and South Asia, secured $90 million in funding. The project aims to sell 64,000 units in Uganda, bringing first-time electricity to 48,000 households and improving energy access in an additional 16,000 households. PAYG solar co Greenlight Planet raises USD 90m for expansion Greenlight Planet Funding Details Total venture and debt funding raised by Greenlight Planet from accredited investors Rounds Year Amount Private Equity 2020 $90M Debt Financing 2019 $2.14M Private Equity 2017 $60M Series C 2016 $5M Series B 2015 $10M Greenlight Planet Revenue & Other Metrics Greenlight Planet raises $60m from Apis and others 6900 College Boulevard, Suite 930 . Greenlight Planet's latest funding round in December 2017 was reported to be $60 m. In total, Greenlight Planet has raised $79 m Greenlight Planet Employee Rating 4.1 109 votes Culture & Values Work/Life Balance Senior Management Salary & Benefits Career Opportunities 5 0 2 4 Culture & Values 4.2 Work/Life Balance 3.8 Senior Management 3.9 Sun King - Crunchbase Company Profile & Funding How a Mandate for Impact in Emerging Markets Helped the IFC Outperform t. Greenlight Planet's funding history Total raised $425,000,000.00 Latest Round Series D No. Of the total investment, US $69 million has been disbursed to Greenlight Planet, with the balance to be drawn down as the company delivers additional solar-powered home energy systems, with end-consumer financing, to homes in Africa. A group of international development finance companies and commercial banks, which includes, CDC Group, Citi, Norfund, and Standard Bank Group have joined hands to grant funding worth USD 75 million to the African solar home energy solutions provider, Greenlight . Greenlight started with a seed round of funding and a series A fundraising round is now under way. We are expanding . GreenLight facilitates a process so communities can identify and address their unmet, local needs. Greenlight Planet Raises $60 MM for Off-Grid Solar Financing Business Greenlight Planet, the largest provider of solar-powered home energy products in Sub-Saharan Africa and South Asia, has secured $90m in new funding to expand its Pay-As-You-Go (PAYG) solar consumer financing business and consolidate its debt portfolio. Greenlight Planet, a Chicago, IL-based company that distributes solar energy products for off-grid homes in the developing world, raised $10m in funding. Off-grid solar (OGS) systems play a vital role is supporting inclusive economic growth, by providing cleaner energy and improving quality of life, health and safety. Greenlight, the fintech company that pitches parents on kid-friendly bank accounts, has raised $260 million in a Series D funding round that nearly doubles its valuation to $2.3 billion. Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners Greenlight Planet inc - Norfund In May, Greenlight launches a new lamp which includes a phone charger. Greenlight Planet, Inc. is a private company. Greenlight Planet Inc. secures $90 million funding for expansion Greenlight Planet Total Funding $79 M Company summary Overview Greenlight Planet develops and manufactures solar light and energy devices. Advanced search Rankings Countries Industries More Login SWITCH TO PRO . Off-Grid Solar Solutions Provider Greenlight Secures $90 Million in Funding Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia. Greenlight Planet Raises $75 Million To Expand Access To - SolarQuarter