impact partners

IIX Raises US$2.5 Million for Indian Off-Grid Solar Company

SINGAPORE—June 2, 2017— Mera Gao Power, an off-grid solar energy enterprise based in Uttar Pradesh, India, has raised US$2.5 million in equity funding from the Insitor Impact Fund (Insitor), the ENGIE Rassembleurs d’Energies Initiative (ENGIE) and the Electrification Financing Initiative (ElectriFI), with the support of Impact Investment Exchange (IIX). The funding will be used by Mera Gao Power (MGP) to expand into over 5,000 additional rural off-grid villages across Uttar Pradesh, providing over 50,000 households with access to reliable energy for the first time.

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Hong Kong-based Pacific Baby raises debt-based investment from IIX’s Impact Partners

SINGAPORE – April 20, 2017 – IIX (Impact Investment Exchange) has facilitated an investment to Hong Kong-based Pacific Baby through its Impact Partners platform. The investment represents Impact Partners’ first debt-based deal.

The debt-based investment from a group of angel investors will enable Pacific Baby to expand its business to meet consumer demand and further contribute to children’s health and the environment.

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