Mizzen Capital Provides Term Loan to Support PosiGen : compa

Mizzen Capital Provides Term Loan to Support PosiGen


Mizzen Capital Provides Term Loan to Support PosiGen
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NEW YORK, April 21, 2021 /PRNewswire/ --┬аMizzen Capital, LP ("Mizzen"), a private credit fund, is pleased to announce its investment in PosiGen, LLC. ("PosiGen"). Mizzen led the financing, providing $8 million of a $24 million term loan for working capital to PosiGen to accelerate their growth in providing energy efficiency upgrades and solar power to low and moderate income homeowners. Stonehenge Capital and Reinvestment Fund each provided $8 million.
Tom Neyhart, CEO of PosiGen said, "PosiGen is a company devoted to creating good jobs in underserved communities, to enabling equitable access to clean energy, and to making a meaningful difference in the lives of the families we serve. We couldn't be more pleased to have these three organizations help us advance those goals in a sustainable and scalable fashion now and well into the future."

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