We develop a theory of Wilson’s adelic Grassmannian and Segal-Wilson’s rational Grasssmannian associated to an arbitrary finite dimensional complex algebra . We provide several equivalent descriptions of the former in terms of the indecomposable projective modules of and its primitive idempotents, and prove that it classifies the bispectral Darboux transformations of the -valued exponential function. The rational Grasssmannian is defined by using certain free submodules of and it is proved that it can be alternatively defined via Wilson type conditions imposed in a representation theoretic settings. A canonical embedding is constructed based on a perfect pairing between the -bimodule of quasiexponentials with values in and the -bimodule .

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