Anaergia Announces Closing of Rhode Island Bioenergy Facility Term Loan
BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia' or the 'Company') (TSX: ANRG) today announced that its subsidiary Rhode Island Bioe...
September 28, 2023
10:15 AM
BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia' or the 'Company') (TSX: ANRG) today announced that its subsidiary Rhode Island Bioenergy Facility, LLC ('RIBF') has closed a US$20 million term loan ('Loan') with East West Bank, a California Corporation, to finance remaining construction and commissioning of the RIBF project in the Town of Johnston, Rhode Island, USA and working capital. This financing has a seven-year term, and bears interest on US dollar denominated drawn funds