Private Debt Partners funds $5,000,000 to Aeronergie Inc.
Summary
The proceeds will recapitalize Aeronergies balance sheet and will provide additional working capital to support continued growth of their solutions which enable corporations to reduce greenhouse gas emissions. PDP Managing Partner Jean-Christophe Greck commented, "We are excited to have provided a creative debt solution for Aeronergie which we expect to facilitate the growth of their business in Quebec and other provinces across Canada." Aeronergie and PDP look forward to this long-term partnership.Managing Partner Jean-Christophe Greck commented, "This transaction demonstrates the continuing deployment of PDPs Senior Opportunities Fund. The first closing of the SOF was on April 15th, 2021, and PDP is actively working to provide senior term financing solutions to growing companies in the Canadian mid-market.Aeronergie Inc. is a Quebec-based manufacturer of heat recovery systems, solar collectors, air curtains and other energy saving products. PDP was co-founded by Jeffrey Deacon, Greg Dimmer and Jean-Christophe Greck who combined bring over 35 years of experience in fundraising, origination, portfolio management and underwriting.