Arc’s REMMP Partner Simpa Networks Raises US$4m in Commercial Debt Financing to Expand in Uttar Pradesh

Simpa Networks, one of Arc Finance’s partners under the USAID-supported Renewable Energy Microfinance and Microenterprise Program (REMMP), has successfully raised $4M from the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and from GDF Suez, through their Rassembleurs d’Energies program.