Horizon-Roth RoHo JV provides NeoVolta $20 million senior credit facility, expandable to $30 million - NEOV News | RalliesHorizon-Roth RoHo JV provides NeoVolta $20 million senior credit facility, expandable to $30 million
N
NEOV• RoHo joint venture funds NeoVolta credit facility
- Horizon Technology Finance’s RoHo joint venture provided NeoVolta with a $20 million senior credit facility.
- The facility includes an option to increase to $30 million by mutual agreement.
- $20 million was funded at closing to support NeoVolta’s growth.
- NeoVolta is developing a 210,600-square-foot battery storage manufacturing facility in Pendergrass, Georgia, targeting up to 2 GWh capacity.
A
•
