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.
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.