Off-Grid C&I Platform Financing in Nigeria

Delphos acted as the sole financial advisor to Starsight, a fast-growing energy services provider backed by Helios and AIIM, in obtaining $10 million in long-term senior debt financing from Finnfund and Norfund. Starsight is using the loan proceeds to fund the deployment of its hybrid (solar, battery, diesel) systems across several hundred bank branches throughout Nigeria.

Details

Category

  • Power

Client Name

Starsight Power Utility Limited

Services Provided

  • Capital Raising

Region

  • Sub-Saharan Africa

Country

  • Nigeria