PSIC backs Sagepoint's RNG trucking arm in second financing

What's the deal? Power SustainableDealroom has a profile for this one. Try Dealroom → Infrastructure Credit has closed a senior secured debt financing for Sagepoint EnergyDealroom has a profile for this one. Try Dealroom →'s logistics business. The capital will fund a dedicated fleet of Class 8 heavy-duty trucks and related fuelling infrastructure as Sagepoint extends its renewable natural gas platform into end-use transportation.

Why now? The financing follows Power Sustainable's earlier credit facility for Sagepoint's landfill RNG assets. The initial fleet will operate in the US Midwest from a base in Wisconsin, with capacity to expand its geographic footprint.

The signal: The transaction reflects Power Sustainable Infrastructure Credit's focus on tailored financing for infrastructure businesses across energy, transportation and logistics, digital infrastructure, utilities, and waste and recycling.

Read more: PR Newswire

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