Off Grid Solar Company d.light Secures $176 Million Securitization Facility

d.light will use the facility to scale up its PayGo consumer finance offering

July 23, 2024

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d.light, a provider of off-grid solar solutions, closed a securitization facility that will purchase $176 million of receivables in Kenya, Tanzania, and Uganda. A social impact-focused asset management company, African Frontier Capital, is providing the funding.

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