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Maxim Power Corp. Repays $49.9 Million in Outstanding Principal on Senior Credit Facility

Oct 18, 2024•over 1 year ago

Contract Type

contract

Las VegasHuman Resources

Description

Maxim Power Corp. announced the voluntary repayment of $49.9 million in outstanding principal on both the Fixed Rate Construction Facility and the Bank Term Facility #1, within the Senior Credit Facility. Following the voluntary repayments, the Corporation now has $69.3 million of unrestricted and restricted cash, of which $50.8 million is unrestricted and $18.5 million is restricted.

Company Information

Company

Maxim Power Corp

Location

Las Vegas, Nevada, United States

About

Maxim Power Corp. is an Independent Power Producer (IPP) engaged in the acquisition, development, ownership, and operation of power generation facilities in Western Canada, the United States, and France.

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