SunFunder Reaches USD70m Final Close for SET Fund

Source(s): SunFunder

SunFunder has reached a USD70m final close for its Solar Energy Transformation (SET) Fund, a blended finance vehicle focused on distributed solar and storage investments in Africa and Asia. Investors in the fund include U.S. International Development Finance Corporation (DFC), the Development Bank of Austria (OeEB), Swedfund, Bank of America, Mercy Investment Services, Calvert Impact Capital, Ceniarth, the IKEA Foundation and The Schmidt Family Foundation. Read more