Candi Solar secures $38M in a Series C funding round led by Norfund, Kyuden International, and STOA to finance additional 200 MW of business solar projects.

Jun 10, 2024•over 1 year ago

Amount Raised

$38 Million

Round Type

series c

ZurichRenewable EnergyEnergy

Investors

StoaKyuden InternationalNorfund

Description

Candi Solar has successfully closed its Series C funding round, securing $38 million in equity investment led by Norfund, Kyuden International, and STOA. The investment is expected to fuel the company’s growth plans, facilitate financing of an additional 200 MW of business solar projects, and support hiring initiatives.

Company Information

Company

Candi Solar

Location

Zurich, Zurich, Switzerland

About

candi solar partners with businesses to provide simple, end-to-end solar & battery solutions. Our flexible approach, coupled with our financial expertise, enables us to tailor an offering to your exact needs. Our shared value model guarantees we are invested for the long run, owning the risk and ensuring you reap the full rewards.

Related People

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Funding Insights

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