Persistent announces exit from Daystar Power

Persistent announced that it has sold 100% of its investment in Daystar Power of Nigeria a leading commercial and industrial (C&I) solar solution provider in West Africa.  Persistent was an early investor in Daystar and has seen the company successfully grow over the last three years.

Persistent continues to support C&I companies in sub-Saharan Africa, with investments in three other companies covering West Africa and Southern Africa.

We are delighted that Daystar has found a strong growth partner in Shell Corporation and wish them continued success in their new partnership.