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Powergen Renewable Energy
company
About
PowerGen is building the grid of the future in Africa with smart, clean solar mini-grids
- 101 - 250
Highlights
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $15M
- Industries
- Energy,Power Grid,Renewable Energy,Solar
- Founded date
- Jan 1, 2011
- Number Of Employee
- 101 - 250
- Operating Status
- Active
PowerGen is leading the clean energy transition in Africa as a developer, builder, and operator of solar mini-grids throughout the continent. PowerGen is backed by sector leaders including Shell, Acumen, Omidyar Network, Sumitomo, DOB Equity, ElectriFI, REPP, and the Rockefeller Foundation. PowerGen has pioneered the solar mini-grid sector in Africa and is a founding member of the Africa Mini-grid Developers Associaiton (AMDA).
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$15M
Powergen Renewable Energy has raised a total of
$15M
in funding over 2 rounds. Their latest funding was raised on
Nov 5, 2019 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 5, 2019 | Series B | $15M | 1 |
Shell Global
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
1
Powergen Renewable Energy is funded by 1 investors.
Shell Global
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Shell Global
|
Yes | Series B |
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