Funding and M&A Roundup: Solar Fintech Solfácil Raises $30 Million in Series B Funding

Electric Hydrogen raises $24 million Series A financing led by Breakthrough Energy Ventures

June 28, 2021

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Brazil-based solar financing company Solfácil has raised $30 million in a Series B funding round led by QED Investors and involving Valor Capital, its Chief Executive Officer Fabio Carrara. Solfácil is the first fintech venture to focus on solar energy in Brazil, where it finances the installation of solar panels and PV equipment in people’s homes. Solfácil seeks to boost its yearly solar loans from BRL700 million (~$141.28 million) to BRL2.5 billion (~$50.56 million) by 2022.

Mercom Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS