Funding and M&A Roundup: Bboxx, EDF Secure $11 million Loan to Expand Clean Energy in Togo
Energy storage firm Cactos raises equity and debt funding
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Bboxx, a designer, manufacturer, distributor, and financer of plug & play solar systems, along with its partner EDF, a low-carbon energy company, in Togo, secured €11 million (~$11.48 million) loan from the Off-Grid Energy Access Fund (OGEF) managed by Lion’s Head Global Partners Asset Management. The loan would support Bboxx’s expansion in Togo to continue distributing solar home systems to last-mile customers.
