Round Type
Funding Round
BirminghamEnergySustainabilityOil And GasNatural ResourcesRenewable EnergyBiomass Energyoil & energyDescription
BIRMINGHAM, AL / February 7, 2022 / Diversified Energy Company (LSE:DEC) is pleased to announce its closing on February 4, 2022 of a sustainability-linked asset backed securitisation ("ABS") involving certain of its Appalachian assets ("Assets"). The Assets were previously pledged as collateral under the Company's Revolving Credit Facility ("RBL") led by KeyBank National Association and are substantially similar to assets securitised in the Company's previous ABS transactions. The Company will use the ABS proceeds to reduce its RBL borrowings and create additional liquidity.
Quick answer
Diversified Energy raised an undisclosed amount in a Funding Round round, dated February 7, 2022. Diversified Energy is based in Birmingham, Alabama, United States.
- How much did Diversified Energy raise?
- Diversified Energy raised an undisclosed amount in a Funding Round round on February 7, 2022.
- What does Diversified Energy do?
- Diversified Energy is a prominent energy company specializing in oil and gas exploration, production, and distribution.
- Where is Diversified Energy based and how big is it?
- Diversified Energy is based in Birmingham, Alabama, United States. Fundz records about 2,000 employees.
- Who are the decision-makers at Diversified Energy?
- Fundz holds 1 contact at Diversified Energy, including the Chief Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Sustainability around the same time
Companies in the same sectors as Diversified Energy that raised within 45 days of this round, from Fundz verified event records.
- Modern Hydrogen raised $30M (Series B) on February 3, 2022.
- LG Energy Solution Ltd raised $1.4B on March 24, 2022.
- Antora Energy raised $50M (Funding Round) on February 16, 2022.
- Ellomay Capital raised an undisclosed amount (Funding Round) on January 21, 2022.
- Vulcan Infrastructure & Power Inc. raised $100M (Funding Round) on March 24, 2022.
- Planetary Technologies raised $7.8M (Funding Round) on March 17, 2022.
Who to call at Diversified Energy, and when
A new round usually means Diversified Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Diversified Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Diversified Energy, from your own LinkedIn network
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Related People
Diversified Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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