Service Compression (SC), a provider of natural gas compression services to exploration and production companies, upsized its asset‑based loan (ABL) credit facility to $400 million, representing a $100 million increase from the prior facility. The upsized facility closed on Dec. 17, 2025, and is led by J.P. Morgan.
The expanded facility enhances SC’s financial flexibility to support continued fleet growth, invest in next‑generation technologies and meet sustained customer demand across its core operating basins.
“This $100 million facility upsize is a strong validation of the durability of our platform and the confidence our partners have in our strategy,” Rhett Newberry, CEO of SC, said. “With continued support from J.P. Morgan, Warburg Pincus and Masked Rider Capital, we are well positioned to scale our fleet, invest in technology and continue delivering reliable, high-performance solutions to our customers.”
The upsized facility builds on SC’s long‑standing partnership with J.P. Morgan and is supported by the company’s equity sponsors, Warburg Pincus and Masked Rider Capital.
