Solar Off-grid Products Company d.light Secures $30 Million Securitization Facility
d.light will use the capital to increase its existing securitized financing facility in Tanzania
August 14, 2023
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d.light, a provider of off-grid solar products and solutions, secured a $30 million securitization facility from Eastern and Southern African Trade and Development Bank Group (TDB Group), with the capability to purchase up to $125 million of receivable assets. This facility brings the company’s total potential securitized financing since 2020 to $490 million.
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Arjun Pradeep
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