Lagos, Nigeria
Rensource Energy is a prominent player in the Energy and Renewable Energy sectors, headquartered in Nigeria. Founded in 2015, the company has established itself as a leading Commercial and Industrial (C&I) solar power provider across Africa.
The company's winning of the 2019 Financial Times / IFC Transformational Business Awards for Climate and Urban Infrastructure Solutions underscores its market impact and innovative approach. Rensource designs, funds, and supplies solar solutions tailored for diverse C&I clients, offering an affordable, reliable clean energy alternative. This makes it a preferred choice for micro, small, and medium enterprises (MSMEs) aiming to cut down on electricity costs.
In a strategic move, Rensource secured a $15.00M Series A investment on 01 December 2019. The round featured renowned investors such as CRE Venture Capital, Playfair Capital, Omidyar Network, Proparco, Inspired Evolution, EDP Renováveis, and Yuzuru Honda, marking an essential step in its growth trajectory.
