DLL, a global vendor finance company, formed a partnership with Signify, a lighting company. This collaboration aims to accelerate the adoption of advanced LED lighting solutions, supporting the global energy transition and promoting more sustainable practices.
By combining DLL’s expertise in providing tailored financing solutions with Signify’s lighting products, systems and services, the companies aim to drive advancements in energy-efficient lighting across various markets.
Signify sought a global vendor finance partner to address the increasing customer demand for diverse financial solutions. DLL’s tailored financing solutions will enable Signify’s customers to more seamlessly adopt LED lighting technologies.
With dedicated energy transition specialists, DLL will support the rollout of financing solutions across multiple countries in Europe as well as the U.S. and ANZ.
Adrian Leach, global head of energy transition at DLL, said, “We are delighted to partner with Signify to deliver tailored financing solutions that empower their customers to embrace advanced lighting technologies. This partnership underscores our commitment to supporting more sustainable and, in this case, energy-efficient assets across the markets in which we operate.”
Jeevan Shinde, corporate finance manager and head of capital at Signify, said, “Through our partnership with DLL, we can offer diverse financing solutions to our customers, bolstering our growth strategy. This collaboration enhances our ability to serve customers across various industry segments and geographies, providing the flexibility necessary for adopting our connected lighting products, systems and services. Our partnership clearly equips both organizations to leverage the global expertise and reach with an aim of replicating successes in multiple geographies.”
