d.light Expands Financing for Solar Energy in Africa

Energy Developer Secures $600M in Funding for Expansion - Greater Phoenix In Business Magazine

Arevon Energy, Inc., a leading American energy developer, owner, and operator, announced the successful closing of a $600 million credit facility, with the option to increase up to $850 million, to support its expanding portfolio of diverse, high-quality renewable energy projects across the United States. The facility includes a $350 million revolving loan and letter…

d.light Expands Financing for Solar Energy in Africa

timesng.com: Nairobi, Kenya D.light, a solar energy company founded at Stanford University, has significantly increased its capacity for consumer financing in Africa. On July 1, 2025, the company announced the expansion of its receivables financing facility, allowing it to purchase over $300 million in consumer debt. This brings its total securitized financing capacity to an impressive […] This post d.light Expands Financing for Solar Energy in …

d.light Secures $300 Million to Expand Solar Financing for Off-Grid Communities in Africa

Solar energy startup d.light has secured over $300 million in new capital to purchase consumer receivables.The Stanford-founded company is set to scale the distribution of solar home systems across underserved areas in Kenya, Uganda, Tanzania, and Nigeria. The new funding will support the company’s goal of reaching 10 million people within the next two years through its “Brighter Life by d.light” (BLd) facility.The company’s Pay-As-You-Go (PayGo…

d.light secures nearly $1 billion in financing to expand solar access across Africa - Innovation Village | Technology, Product Reviews, Business

Solar energy financing in Africa has reached a new milestone. d.light, a pioneering solar energy company founded at Stanford University, has significantly expanded its receivables financing facility, unlocking over $300 million in new capital to purchase consumer receivables. This brings the company’s total securitized financing capacity to an impressive $842 million across five facilities, positioning d.light as one of the most well-capitalized…

Off-grid solar pioneer d.light reaches $842M in consumer financing

Over the next two years, d.light aims to bring solar power to 10 million Africans through an affordable $2-per-week financing plan.