Equipment Finance News

DLL sign US solar and battery deal

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Global asset finance company for equipment and technology, DLL has partnered with Sunstone Credit, Inc., a commercial solar loan platform that helps businesses switch to clean energy, to provide solar financing solutions that accelerate the adoption of renewable energy in the United States.

DLL will be providing Sunstone Credit with financing solutions for energy producing and energy infrastructure assets which include solar and battery storage.

The partnership will build on Sunstone Credit’s existing cost-effective solar financing solutions and will further support and accelerate the energy transition and the reduction of greenhouse gas intensity across the country.

“We are thrilled to partner with Sunstone Credit to fuel their growth as well as finance solar solutions for commercial and industrial customers of all sizes,” said Dave Ingram, US Regional Commercial Manager, Energy Transition at DLL.

“Aligning with DLL’s strategic goal ‘to be the transition partner for a better world,’ this partnership will provide Sunstone Credit access to credit facilities to enable them to serve an even broader network of customers and contractors across the US.” 

DLL’s Energy Transition team in the US, will work with Sunstone Credit to fund solar projects sourced through Sunstone’s network of channel partners, which spans across all 50 US states. Sunstone has continually expanded its affordable financing options via its online platform to suit varying borrowing needs for businesses of all sizes. In 2023, it surpassed half a billion dollars in initiated loan applications across the US.

“We couldn’t be more excited to partner with a world-class organisation who shares in our strategic vision and who sees the enormous opportunity in financing the energy transition. Through our partnership, Sunstone Credit and DLL will help commercial property owners, nonprofits and businesses of all sizes save money and contribute to decarbonization,” said Scott Muckleroy, co-founder, and SVP of Finance at Sunstone Credit.

“DLL’s unparalleled expertise in clean energy and equipment finance are enormous assets that will support our shared goal of building a better world through accessible clean energy financing.”