Simpson Thacher recently represented Bank of Montreal, as administrative agent and lender, in connection with an amendment to VoltaGrid LLC’s existing credit agreement which, among other things, upsized its revolving credit facility to $175 million.
VoltaGrid is a provider of advanced energy management and generation systems focused on improving power quality and reliability while minimizing emissions. The company offers a portable, scalable, intelligent and clean power platform utilizing natural gas and grid power integration, allowing clients to capitalize on significantly reduced emissions and fuel consumption as well as increased operational, fuel and thermal efficiencies.
The Simpson Thacher team included Erland Modesto, Brandon Barton and Jacob Sims (Banking and Credit); Ryan Stott and Hannah Daniels (ERISA); Michael Mann and Andrew Mandelbaum (Tax); and Courtney Welshimer (IP).