Ameresco (AMRC) said Tuesday it amended the existing credit agreement to include up to $50 million in additional borrowings through expanded revolver and term loan.
The refinanced deal includes a $225 million revolving credit facility and a $100 million term loan, maturing on Dec. 28, according to the company.
Proceeds will be used for general corporate purposes including acquisitions, debt repayment and working capital requirements, Ameresco added.
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