Lightrock US$40m investment into Sun King (Nairobi-headquartered off-grid solar energy company)
- Value
- US$40m
- Date
- 9 October 2026
- Transaction type
- Equity Financing
- Practice area
- Corporate and Commercial
- Sector
- Power and Renewables
- Jurisdiction
- Multi-jurisdictional
- Client
- Lightrock (UK-based sustainable investment platform)
Summary
Lightrock US$40m investment into Sun King (Nairobi-headquartered off-grid solar energy company). Value as disclosed: 40,000,000 USD.
Deal shortlisted for the DealMakers AFRICA 2025 Private Equity Deal of the Year; US$40m investment into the world’s largest off-grid solar company (operating in 11 African countries). Adviser attribution rests on the adjoining write-up in the award section of the Annual.
Why it matters
Major (USD 100m-1bn or award-winning)
Scope of legal work
Olaniwun Ajayi (UK)
Advisers
Other parties
Lightrock (UK-based sustainable investment platform) (acquirer or client); Sun King (formerly Greenlight Planet) (counterparty or seller)
Other advisers
Ekta Partners (DealMakers AFRICA 2025 Annual – Private Equity Deal of the Year write-up)
Sources
Compiled by Meridian from the public announcements and filings listed under Sources.
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