PEG Africa
Accra, Ghana

Total Funding Amount
US $56,500,000

Categories:
energy,
Founded:
2013
Founders:
Hugh Whalan, Nate Heller
Countries:
Côte d'Ivoire, Ghana, Senegal
Funding Status:
Early-Stage
Employees:
20-100

Description

PEG Africa is a leader in financing and deploying affordable energy solutions to consumers and SMEs in West Africa, with operations in Ghana, Cote d'Ivoire and Senegal. PEG sells products as varied as solar home systems including lights, phone charging, radio and a torch, to solar water irrigation systems for farmers.


Recent Funding for PEG Africa


Logo
Investor
Amount / Round
Date / Source
Investor/Location
Power Africa Washington, DC, US
Amount/Round
Undisclosed amount Grant
Date/Source
13 Jul 2020 Source 
Investor/Location
SunFunder | CDC Group | responsAbility Investments AG Nairobi Kenya | United Kingdom | Zurich, Switzerland
Amount/Round
US $4,000,000 Equity
Date/Source
16 Oct 2019 Source 
Investor/Location
EDFI ElectriFI-Electrification Financing Initiative Brussels, Belgium
Amount/Round
US $5,000,000 Equity
Date/Source
11 Sep 2019 Source 
Investor/Location
responsAbility Investments AG | SunFunder | CDC Group Zurich, Switzerland | Nairobi Kenya | United Kingdom
Amount/Round
US $20,000,000 Debt
Date/Source
19 Mar 2019 Source 
Amount/Round
US $5,000,000 Equity
Date/Source
13 Mar 2019 Source 
Investor/Location
Oikocredit | SunFunder Amersfoort, Netherlands | Nairobi Kenya
Amount/Round
US $1,500,000 Debt
Date/Source
16 Jan 2018 Source 
Investor/Location
PCG Investments | Investisseurs & Partenaires (I&P) | Acumen | ENGIE Rassembleurs d'Energies | Energy Access Ventures (EAV) Loosdrecht, Netherlands | Paris, France | New York, USA | France | Paris, France
Amount/Round
US $13,500,000 Equity
Date/Source
16 Jan 2017 Source 
Amount/Round
US $7,500,000 Equity
Date/Source
16 Jan 2016 Source