Stardust Solar gets EDC indication for up to USD 2 million insurance on Zambia solar receivables

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  • Stardust Solar received a non-binding Export Development Canada indication for up to USD 2 million of receivables insurance tied to its Zambia solar project.
  • Coverage targets payment risk on electricity invoices to ZESCO once generation starts, supporting financing talks for the 30MW utility-scale development.
  • The project sits under a 20-year PPA framework with ZESCO, with gross lifetime energy revenue potential of about USD 90 million.
  • Indicative terms include 90% loss coverage, zero deductible, 90-day payment terms, an annual premium near USD 10,400, running June 1, 2026 to May 31, 2027.
  • The indication is subject to EDC underwriting and final policy issuance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stardust Solar Energy Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202606040830NEWSFILECNPR____20260604_300077_1) on June 04, 2026, and is solely responsible for the information contained therein.