British International Investment (BII) has provided USD 15 million in mezzanine debt to Starsight Energy Africa Group to support the expansion of solar energy solutions for commercial and industrial customers in West Africa.
The funding will be deployed across the company’s existing operations, with a majority allocated to Nigeria to address power shortages and reduce dependence on diesel and petrol generators. A portion of the funds will also be used to maintain service levels for existing clients, including asset replacement.