German solar supplier lands fresh $3m from EU entity

Redavia, which leases plug-and-play solar systems to commercial clients in Africa, secured the fresh credit line after settling a previous $2 million loan supplied by the EDFI ElectriFI European development finance institution.Munich-based "flat-pack solar project" company Redavia has secured a new $3.1 million loan from the EU's Electrification Finance Initiative (EDFI ElectriFI). The European development finance institution (EDFI) on Thursday revealed Redavia had settled a $2 million loan it took out in 2018 to back its expansion in Ghana and had subsequently signed for the new package to back ...

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