Trinity International brings Proparco and STOA together with Danish Investment Fund for Developing Countries to fund Daystar Power
Several French financiers have supported Daystar Power, a Nigerian solar energy provider company specialising in renewable commercial and industrial (C&I) solutions in West Africa.
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▪ Trinity International brings Proparco and STOA together with Danish Investment Fund for Developing Countries to fund Daystar Power
▪ Several French financiers have supported Daystar Power, a Nigerian solar energy provider company specialising in renewable commercial and industrial (C&I) solutions in West Africa.
▪ https://www.africabusinessplus.com/en/806620/trinity-international-brings-proparco-and-stoa-together-with-danish-investment-fund-for-developing-countries-to-fund-daystar-power/
STOA, the impact infrastructure fund headed by Charles-Henri Malecot and Proparco, the private sector arm of the Agence Française de Développement (AFD) will fund the project. The European Union guarantees the funding via the African Renewable Energy (ARE) Scale-Up facility. Morgan Stanley Investment Management will close the deal for investors in this second round.
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