on $7.4M Securitized Financing to Scale Pay-Go Solar in Nigeria
- d.light has announced a $7.4 million securitized financing facility in collaboration with Chapel Hill Denham.
- The funding will scale up d.light's Pay-Go solar offerings for low-income Nigerian households.
- This facility pioneers an underutilized financing model in Nigeria's solar sector, unlocking growth for d.light as they expand access to clean, affordable power.
The collaboration between d.light and Chapel Hill Denham to secure a securitized financing facility is a significant step towards expanding access to clean, affordable power in Nigeria. This innovative financing model has the potential to drive growth in the solar sector and address the pressing need for electricity access in the country. It is a promising development for sustainable development and human impact.
