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businesses, governments, and
civil society to achieve Sustainable
Energy for All by 2030
Sunlabob Renewable Energy secures $2.1 million impact investment
Sunlabob Renewable Energy, the Laos-based company specializing in rural renewable energy and clean water solutions, finalized a $2.1 million investment from Truestone Global Impact Fund, a UK-based impact investment fund jointly managed by Uberis Capital and Truestone Impact Investment Management.
The investment will aid the continued international growth of Sunlabob, which has provided its off-grid renewable energy services in more than 20 countries to date throughout Asia, Africa and the Pacific.
Andy Schroeter, Sunlabob’s CEO, said: “This investment underscores Sunlabob’s transition from a Laos-focused start-up to an international company providing off-grid sustainable energy expertise throughout the developing world. We are proud to leverage our 15 years of experience in remote, challenging areas of Laos to be able to now catalyze access to clean energy and water in places ranging from the islands of Micronesia to communities in sub-Saharan Africa.”
Founded in 2000 with a focus on combining high-quality technology with village-based training and operational models, Sunlabob provides rural electrification solutions to governments, multilateral development agencies, non-profit organizations and the private sector. The company reports its products, services and programs have enabled access to clean energy or water for more than 250,000 people in rural areas of Laos and more than 600,000 people internationally.