Solar Frontier Capital (SFC), a wholly-owned subsidiary of African Frontier Capital (AFC), and d.light, a global innovator of solar energy products, have jointly announced the establishment of a $65 million financing vehicle, Brighter Life Kenya 1 Limited (BLK1).

BLK1 is an off-balance sheet financing vehicle, newly incorporated in Jersey, that is dedicated to acquiring pay-as-you-go (PAYGO) solar home system accounts receivables from d.light’s Kenyan subsidiary, d.light Kenya, to pr...