Walkers Partner Nigel Weston commented: “We are delighted to have once again assisted [African Frontier Capital] on the expansion of this receivables financing transaction that will continue to facilitate the provision of solar home systems and related solar products to d.light’s customers improving energy access to many people living off grid in Kenya.”

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Pictured: Partner Nigel Weston.

Senior Counsel Tristan Maultby added: “The original transaction was a real highlight given the positive impact that it had and continues to have on the quality of life of so many people in Kenya.

“It is fantastic to see the structure going from strength to strength and again shines a light on the very positive effect that offshore structures can have. It was a pleasure working alongside AFC, Allen & Overy LLP and Kaplan & Stratton, Advocates Kenya to make this transaction a success.” 

The project is expected to save over 600,000 tons of greenhouse gasses.