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July 2016 - Bostonia Arranges $37,550,000 Credit Facility for Greenbacker Renewable Energy LLC

Bostonia recently closed on a $37,550,000 Credit Facility for Greenbacker Renewable Energy LLC ("Greenbacker") to support ongoing expansion investments in solar operating facilities. Greenbacker entered into the credit agreement with Fifth Third Bank for an initial term loan of $4,300,000 and a revolving credit facility in aggregagte principal of $33,250,000. The Credit Facility bears interest at LIBOR plus 3.50% with a final maturity of July 2021.    

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