Commercial Rooftop Solar Lending

Posted On: 18 / Nov / 2023
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Deal Details

Annual

Deal Type

Debt Finance
Maximum Loan

Industry

Renewable Energy
Charge

Deal Status

Active

Deal Description

Company Information:

We at Tropical Solar are pioneers in the Indian Solar Energy fraternity with more than a decade's experience in the industry. We specialise in renewable power projects, with presence in India, Africa, EU and the US. We have three verticals - Retail, Commercial & Industrial and Utility scale projects. We have two full time offices in India and Africa and two partner offices in the EU and the US.

Requirements:

Our African company is looking to raise debt of USD 1M to finance Rooftop Solar projects. It is a Private Limited company incorporated in 2022. The financing shall be for a period of 5 years. The funds shall be used to deploy 2 MW of Solar Power Projects with a guaranteed contract from top tier companies. Our USP for such deals in the geography we operate in is shorter tenure of loan period, less redtape, quicker TAT, lower interest rate than the market, quick deployment of the project, local office and team presence to ensure system working. We have been operational in this geography for 2.5 Years now with projects executed in 3 countries in the region. 

Our current experience in the region ranges from 100 kW to 5 MW projects. Our overall experience ranges from 1 kW to 33 MW.

No Files Attached

Deal Value
8 Crore
Targeted Region
Middle East/Africa

Revenue

2019-20
3.6 Lakhs
2020-21
10 Lakhs
2021-22
13.21 Crore