What is Mulilo?
Established in 2008, Mulilo is dedicated to developing, owning, and operating utility-scale solar, wind, and battery energy storage systems. The company has emerged as a key player in the renewable energy sector, now operating in partnership with Copenhagen Infrastructure Partners, a globally recognized leader in renewable energy private equity. Mulilo's strategic focus is on providing sustainable energy solutions to various sectors seeking to reduce their carbon footprint and embrace cleaner power sources.
How much funding has Mulilo raised?
Mulilo has raised a total of $75M across 1 funding round:
Unspecified
$75M
Unspecified (2025): $75M with participation from Norfund
Key Investors in Mulilo
Norfund
Norfund is the Norwegian Investment Fund for Developing Countries, focused on creating jobs and improving lives through investments in renewable energy, financial inclusion, scalable enterprises, and green infrastructure. The fund primarily targets 30 core investment countries in Sub-Saharan Africa.
What's next for Mulilo?
With substantial enterprise-level backing, Mulilo is strategically positioned to accelerate its development pipeline and expand its operational capacity. The recent major strategic investment signals strong confidence from its partners and the market in Mulilo's business model and its contribution to a sustainable energy future. This capital will likely fuel further project development, technological integration, and market penetration, solidifying Mulilo's leadership in South Africa's green energy landscape.
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