CIT’s power and energy business served as coordinating lead arranger on a $151 million financing for the 250-megawatt Galloway I solar farm planned for Concho County, TX.
BNK Petroleum said that Morgan Stanley Capital Group increased its commitment amount under a credit facility announced in 2014 from $15.9 million to $24.4 million.
BNK Petroleum announced its indirect wholly owned subsidiary obtained a new $100 million credit facility from Morgan Stanley Capital Group.
American Eagle Energy announced that it amended its senior credit facility with Morgan Stanley Capital Group to reduce its working capital requirement from $33.0 million to $23.5 million.
American Eagle Energy said it has closed on a senior credit facility with Morgan Stanley Capital Group. The senior secured reserve based credit facility has a maximum potential commitment of up to $200 million. Initially, $68 million is committed and available for funding.
BNK Petroleum (US) obtained a new $76 million credit facility from Morgan Stanley Capital Group. The initial commitment amount of the new reserve-based facility is $61 million with an additional uncommitted amount of $15 million available at the discretion of MSCGI.