Assetline Finance and David Pieris to make renewable energy accessible for all

Tuesday, 11 March 2025 02:12 - - {{hitsCtrl.values.hits}}

Representatives from Assetline Finance and David Pieris Renewable Energy after signing the MoU

Assetline Finance Ltd., has entered into a strategic partnership with David Pieris Renewable Energy Ltd., (DPRE) to provide specialised green loans designed to support the financing of renewable energy solutions.

This collaboration introduces specialised green financing options designed to support the adoption of solar energy systems for both individual and commercial customers, marking a significant step toward the nation’s energy transition goals Assetline Finance, with its Green Finance Scheme, empowers individuals, and businesses to invest in sustainable solutions. This initiative directly supports the United Nations Sustainable Development Goals (SDGs), particularly SDG 7 (Affordable and Clean Energy) by facilitating access to renewable energy financing, SDG 13 (Climate Action) by reducing carbon footprints, and SDG 9 (Industry, Innovation, and Infrastructure) by fostering sustainable advancements. Through this scheme, Assetline Finance contributes to a greener future, ensuring financial inclusion and environmental responsibility go hand in hand

The partnership will offer a wide range of financing options to customers looking to transition to renewable energy, specifically solar power. Through this initiative, Assetline Finance and DPRE, both members of the David Pieris Group, are reinforcing their commitment to sustainability, by helping Sri Lanka meet its energy transition goals. By offering affordable green financing solutions, the partnership empowers customers to embrace clean, sustainable energy solutions and reduce their carbon footprint.

The exclusive green loan programme, developed by Assetline Finance, is tailored to meet the needs of David Pieris Solar customers. It enables easy access to solar energy systems with convenient financing options, making it easier for customers to move toward renewable energy.

The Memorandum of Understanding (MoU) was officially signed by David Pieris Renewable Energy Ltd., Chairman Jayantha Ratnayake, alongside Directors Naalaka Madugalle and Samantha Silva, and Chief Operating Officer Geeth Samaranayake, representing DPRE. Assetline Finance was represented by Director and CEO Ashan Nissanka, and Chief Marketing Officer Ajantha Premasiri along with senior management from both organisations attending the event.

Assetline Finance Director and CEO Ashan Nissanka said: “We are confident that this collaboration will drive a significant impact as the nation transitions to renewable energy sources. This partnership exemplifies our commitment to sustainability, and we look forward to making a meaningful difference by offering innovative green financing solutions that support the adoption of solar energy.”

DPRE Chairman Jayantha Ratnayake said: “Our partnership with Assetline Finance marks an important milestone in supporting the growth of the renewable energy sector. As the nation strives for economic revival and environmental sustainability, our premium solar solutions, coupled with Assetline’s tailored financing, will help individuals and businesses transition seamlessly to solar energy.”

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