September 2017 - The leading full-scope energy solutions provider to solar developers, project owners and EPC contractors sought a debt financing to re-finance existing debt and provide liquidity for growth. The company is the only balance of system provider that offers a full suite of proprietary solar mounting and tracking products, turnkey installation services, O&M services, as well as a first-of-its-kind secure remote monitoring and control software platform. To date, the company’s products and services have been deployed at over 2,000 commercial and utility-scale solar sites across North America.
Spinta Capital assisted the company in procuring a senior debt financing facility from a specialty fund. The new facility replaced higher cost subordinated debt and provided significant access to capital to support the company's growth plans.
About Spinta Capital
Spinta Capital is a unique advisory firm dedicated to helping mid and later stage emerging growth companies efficiently raise debt capital for business expansion. With a goal of optimizing capital cost and flexibility, we assist management teams in navigating the growth debt ecosystem with speed and intelligence, while employing a non-invasive fee structure. Founders, CEOs, CFOs and VCs rely on Spinta Capital when considering low cost, flexible growth loans. www.spintacap.com