Amped Innovation secures US$6m working capital facility from EDFI ElectriFI

NIGERIA – EDFI ElectriFI, an impact investment facility funded, is injecting a US$6 million revolving working capital facility to Amped Innovation, a company designing and supplying high efficiency, lower-cost solar home systems (SHS) and appliances for distributors across the world. US$4 million will come from EDFI EectriFI’s global facility and US$2 million from the Nigeria Country Window. Amped Innovation focuses on solar equipment with integrated pay-as-you-go functionality such as high-performance lighting, televisions, cold-chain appliances and DC-AC inverters. The company’s products offer high quality, reliable technology solutions that are also affordable…

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