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News Stories (15 Results) - Utilities

Dresser Utility Solutions, a leading provider of global infrastructure technology for the energy transition including measurement, instrumentation, coupling and repair, pressure and flow control solutions to water and gas utility and industrial... Read Story

June 10, 2024, 07:34 AM

LSQ recently originated twin $2 million invoice finance facilities for sister companies serving the electric utility industry.South Carolina-based Powerhouse Resources provides staffing solutions for traditional power-generation facilities, while... Read Story

March 27, 2024, 08:00 AM

MidCap Business Credit completed a $12 Million Asset-based credit facility for an underground utility contractor located in New England.The opportunity was sourced and closed out of MidCap’s headquarters in West Hartford, CT. Seth Cooper, Senior Vice... Read Story

January 03, 2024, 07:55 AM

When Hurricane Ian hit Florida in late September, more than 2.5 million homes and businesses were without electricity throughout the state. Once the danger from the storm subsided, crews quickly got to work assessing the damage and planning... Read Story

November 29, 2022, 06:00 AM

O2 Sponsor Finance, a division of Old Second National Bank, provided senior secured credit facilities to support Prospect Partners' recapitalization, with management, of Blackwood Solutions & its related entities. Blackwood is a leading electric... Read Story

September 20, 2022, 07:30 AM

Bridgelink Power, a leading developer, constructor, and operator of utility-scale solar and energy storage projects, closed a senior secured revolving credit facility for up to $200 million with Crayhill Capital Management. The Facility will finance... Read Story

April 13, 2022, 07:47 AM

National Grid, one of the largest investor-owned utility companies in the world, announced that its Emerald Energy Venture, LLC joint venture has secured an innovative $150 million Portfolio Revolving facility, with an accordion feature that will... Read Story

July 22, 2021, 07:00 AM

Amerisource Business Capital announced the closing and funding of a $2,000,000 revolving credit facility for a utility contractor based in the upper Midwest. Proceeds of the facility are being used for growth capital.Nic Wagner, Regional Market... Read Story

January 09, 2020, 08:55 AM

After weathering the financial impact of a federal tax overhaul in 2018, Moody's expects North American regulated electric and gas utilities to see a reduction in external financing needs despite ramping up capital spending."The North American... Read Story

August 20, 2019, 08:55 AM

Siena Lending Group LLC completed a $3.0 million asset-based revolving credit facility for Community Eco Power, LLC (CEP). The facility was used to acquire assets from Covanta Energy, LLC and to support the company’s working capital... Read Story

June 06, 2019, 08:40 AM

PNC Bank, National Association, announced the closing of a $50 million senior secured credit facility for C.A. Advanced, Inc (C.A. Advanced). Headquartered in Wakarusa, IN, C.A. Advanced – along with its wholly owned subsidiary ARC American, Inc. –... Read Story

January 31, 2019, 08:08 AM

Distinct Infrastructure Group Inc. announced that it has acquired all of the issued and outstanding securities of Crown Utilities Ltd.  for an aggregate purchase price of $17 million, refinanced its existing credit facility with Royal Bank of Canada... Read Story

November 22, 2017, 07:07 AM

AquaVenture Holdings Limited, a provider of Water-as-a-Service™ (WAAS) solutions, announced that it has entered into a $150.0 million senior secured credit agreement with Deutsche Bank AG as the arranger and lender, and Wells Fargo Bank as the... Read Story

August 07, 2017, 07:00 AM

Antares Capital is serving as administrative agent, joint lead arranger and joint bookrunner on a senior secured credit facility to support the acquisition of Franklin Energy (“Franklin”) by Kohlberg & Company, LLC (“Kohlberg”).Headquartered in Port... Read Story

November 07, 2016, 07:54 AM

PPL Corporation announced a new financing arrangement with 21 regional and local banks in eastern and central Pennsylvania to provide a $300 million revolving credit facility that will be used for general corporate purposes, including infrastructure... Read Story

November 13, 2013, 06:13 AM