Solar company Conergy’s Tennenbaum Capital-led bank guarantee facility upsized

Conergy’s Tennenbaum Capital-led bank guarantee facility has been upsized to USD 75 Million with funding from Goldman Sachs BDC, Inc.

The increase will be used as collateral to finance Conergy’s rapidly growing global solar business and specifically to fund its large solar photovoltaic (PV) projects in four stages; bidding, pre-construction, construction

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