Husk Power Systems secures $4M debt financing from ElectriFI for scaling minigrid operations in India.
Husk Power Systems, a New Delhi-based clean energy provider, secured $4M in debt financing from EU-funded impact investment facility ElectriFI. This follows ElectriFI's initial $6M investment in September 2022, bringing total investment from EDFI MC to $10M. The funds will be used to scale Husk's minigrid operations in India, providing clean electricity to rural areas without grid connections or unreliable electricity, ultimately benefiting tens of thousands of lives and livelihoods.
April 15, 2024
4 Articles