‘Femi AsuSterling Alternative Finance, the non-interest banking division of Sterling Bank Plc, has announced the launch of an alternative power initiative, called ‘Altpower’, for homes and businesses. The bank, in a statement on Sunday titled ‘SAF launches clean and affordable power solution for homes, businesses’, said the energy solution would provide consumers with flexible and pocket-friendly options. According to the statement, it comes with a financing option that eliminates the high entry cost barrier hindering the uptake of alternative energy solutions for most Nigerian homes and businesses. The Head of Digital Business, Sterling Alternative Finance, Mohammed Yinusa, said Altpower was designed to provide accessible alternative (solar/renewable) power solutions to homes, businesses and public institutions in the country through monthly or instalment-payment plan. For both category of customers, Altpower curates all the energy products the customer needs to ensure that he has an uninterrupted power supply.

Source: Punch August 24, 2020 03:22 UTC