Goldman Sachs BDC tacks $15m onto solar company line

Conergy’s original credit facility was arranged last year by Deutsche Bank with $60m in funding from Tennenbaum Capital Partners.

Solar company Conergy has increased its $60 million credit facility by $15 million using capital from the Goldman Sachs BDC (GSBD). Conergy will use the new $75 million line as collateral to finance growth in its global downstream solar business and specifically to fund large projects, the company said in a statement.

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