CleanDesign Income Corp.
Growth facility that supported significant expansion in deployed energy management units.
FirePower provided senior secured growth capital to Clean Design Income Corporation, a Toronto-based company that purchases and deploys hybrid Energy Management Systems to reduce fuel consumption and emissions on oil and gas drilling rigs. The facility funded the acquisition of additional units generating daily-rate revenue, with draws structured against a loan-to-cost ratio covenant tied to matching equity contributions.
More growth financings
IT Hardware Company
Senior secured growth facility to an IT hardware company (details confidential).
LMS Platform
Growth credit facility to a learning management software platform (details confidential).
Business Services Company
Senior secured growth facility to a business services company (details confidential).
Have a deal like this?
We move fast on good businesses. Tell us what you’re working on.
Apply for financing