InsiderMedia reports that Harland & Wolff Group Holdings has secured a "milestone" $70m (£53.3m) green corporate debt facility to help drive forward its growth plans.
The listed business, which is focused on strategic infrastructure projects and physical asset lifecycle management, has entered into a group-wide facility with affiliates of Riverstone Credit Partners (RCP), a dedicated credit investment platform managed by Riverstone Holdings.
Riverstone is focused on organisations engaged in building infrastructure and providing infrastructure services to generate, transport, store and distribute both renewable and conventional sources of energy, as well as entities engaged in the energy transition from fossil-based, to a zero-carbon economy.
The facility will be used to support growth in the business and supplement Harland & Wolff Group's working capital requirements.
More on this development here.