Power Sustainable Infrastructure Credit Secures $85M Financing for Sagepoint Energy's RNG Platform
Power Sustainable Infrastructure Credit (PSIC) has closed an $85 million senior secured financing for Sagepoint Energy, a renewable natural gas platform. This funding will enhance Sagepoint's landfill RNG asset base, increasing production capacity and advancing methane abatement efforts.
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Power Sustainable Infrastructure Credit (PSIC) has completed an $85 million senior secured financing for Sagepoint Energy, a vertically integrated renewable natural gas (RNG) platform. The financing will support the expansion of Sagepoint's landfill RNG assets, significantly boosting production capacity and aiding methane abatement.
PSIC's investment is part of its strategy to finance infrastructure projects that enhance resource efficiency and decarbonization. This marks PSIC's ninth investment in North America and contributes to its total capital aligned with its strategy, now reaching $1 billion.
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