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$400 Million Solar Power Giant Seals Funding Deal! IPO & 10x Growth Ahead?

Renewables

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Published on 25th November 2025, 11:12 AM

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Author

Abhay Singh | Whalesbook News Team

Overview

Husk Power Systems, a leading solar mini-grid operator in India and Nigeria, is launching an industry-record $400 million capital raise. The company aims to grow its revenue tenfold by 2030 and is preparing for a future Initial Public Offering. With plans to expand its 400 mini-grids and reach 2 gigawatts of installations, Husk is leveraging global initiatives for energy access.