NextEdge completed the acquisitions of SBS Services Holdings, Tachyon and Spectrum Services. KeyBank Capital Markets served as lead left arranger and administrative agent and Citizens served as lead right arranger on a credit facility to support the transactions.
CIT Group’s Power and Energy business served as lead arranger for a $140 million financing for esVolta, a developer of utility-scale energy storage systems for renewable energy projects.
GridLiance Western Holdings and transmission company GridLiance West closed on two new revolving credit facilities with commitments totaling $185 million.
DigitalOcean, a cloud computing platform, secured a $130 million credit facility. KeyBanc Capital Markets served as joint lead arranger and joint bookrunner for the transaction.
Vantage Data Centers announced it amended and upsized its revolver from $210 million to $275 million. A syndicate of 10 lenders was involved.