Rensource Energy
Lagos
About Rensource Energy
Rensource is a new type of energy company built as a financial services business. Rensource offers a turnkey business opportunity that allows qualifying companies throughout Nigeria and West Africa to start selling Power-as-a-Service (“PaaS”) to their customers. Rensource generates electricity using small solar-hybrid systems that are installed in the premises of the final customer. At the heart of Rensource lies an internal “bank”: a balance sheet financing the solar-hybrid systems, and a credit operation underwriting and servicing the monthly collections from final customers. Rensource´s mission is to make Nigeria the first country in the world relying predominantly on distributed renewables-based power generation.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $43.6M
- Last round: Debt Financing (Jul 2023)
- Website: rensource.energy
- Phone: +2349098591512
Industries & Categories
Energy, PaaS, Renewable Energy
Social Profiles
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