The solar system provider closed a series D round led by Mitsubishi that included existing backer Engie Rassembleurs d’Energies.

Diversified trading group Mitsubishi Corporation led a $50m series D round for UK-based solar power system producer Bboxx yesterday.

Engie Rassembleurs d’Energies, an affiliate of energy utility Engie that promotes sustainable energy access, also took part in the round along with impact investor Bamboo Capital Partners; impact investment fund Doen Participaties and growth equity firm MacKinnon, Bennett & Company (MKB).

Bboxx supplies plug-and-play solar systems to customers in some 35 developing nations, with the company’s focus predominantly on Africa. They…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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