Symbiotics Launches $15 Million Green Bond for Greenlight Planet
Symbiotics, the leading market access platform for impact investing, has arranged a $15 million Sustainability Bond for Greenlight Planet INC. (“Greenlight Planet”).
This represents a landmark transaction for the leading provider of off-grid solar home energy solutions across markets on the Asian and African continent. Greenlight Planet will use the proceeds of the Green Bond to finance supplier advances, inventory and customer lease structures for pay-as-you-go solar home systems. With the funding received, Greenlight Planet is able to speed-up its mission to bring renewable energy solutions to places where no reliable source of power is currently available.