Solar distributor Oulu closes US$8.5m Series B investment round led by RP Global

WEST AFRICA – Oolu, a leading solar distributor in West Africa, has closed a US$8.5 million Series B investment round led by independent renewable energy developer RP Global and other participating investors including Persistent Energy Capital, Shell-seeded impact investor All On, Gaia Impact Fund, and DPI Energy Ventures. Founded in 2015 by Nilmi Senaratna and Daniel Rosa, Oolu’s mission is to provide affordable energy access to rural and peri-urban customers in West Africa. Since its inception, the company has sold over 60,000 solar home systems to customers in the region.…

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