Consumer lender Plenti Group is the first to complete a transaction in the local securitisation market this year, with the pricing of an issue of personal loan and renewable energy asset-backed securities. Plenti raised A$300 million, upsizing the deal from $200 million. The notes are backed by personal, home solar and home battery receivables. The A1 notes of Plenti PL & Green ABS 2023-1, worth $154.5 million, were priced at a margin of 165 basis points over the one-month bank bill swap rate. The A1-G notes, worth $73.5 million, were priced at 162 bps over one-month BBSW.Pricing of the B to F notes was between 340 and 790 bps. When Plenti priced a similar transaction in March last year, Plenti PL-Green ABS 2022-1, the A1 notes and the A1-G notes were priced at a margin of 120 bps, and the B through to F notes were priced in a range from 175 bps to 675 bps. According to its most recent financial report, for the six months to September, Plenti has $898 million of auto loans, $484 million of personal loans and $164.8 million of renewable energy loans. Speaking at the release of the financial report, Plenti Group chief executive Daniel Foggo said higher energy prices are prompting people to buy solar panels and household batteries, and Plenti is keen to grow in that segment.