Balance Point Capital Partners LLC, a Westport-headquartered investment firm focused on providing debt and equity assistance to middle market companies, was one of two companies honored by the U.S. Small Business Administration (SBA) with the 2023 Small Business Investment Companies (SBICs) of the Year Award.
Mizzen Capital Provides Term Loan to Support PosiGen
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NEW YORK, April 21, 2021 /PRNewswire/ Mizzen 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.