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Solar Lending Platform Sunlight Gets 'Unusual' DIP Approved

By Alex Wittenberg (November 1, 2023, 5:23 PM EDT) -- Sunlight Financial Holdings Inc., which pairs lenders with homeowners wishing to install solar panels, received interim approval of what a Delaware bankruptcy judge called an "unusual" debtor-in-possession financing order that allows the company to tap backup funding if deals negotiated as part of its prepackaged Chapter 11 plan fall through....

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