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CrossBoundary Energy fully exits first fund at 15% net IRR, raises $40M to continue to scale financed solar for businesses in Africa
CrossBoundary Energy fully exits first fund at 15% net IRR, raises $40M to continue to scale financed solar for businesses in Africa

CrossBoundary Energy (CBE) today announced the exit of its first fund at a 15% net IRR to investors. ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARCH ARPF) is providing $40M in new equity funding to exit existing investors and support CrossBoundary Energy to continue to develop, construct and operate distributed commercial & industrial (C&I) solar projects that will provide...

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