Spark Energy Announces Increase In Credit Commitments
January 20, 2021 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Spark Energy, Inc. ("Spark" or the "Company") announced the increase of its senior secured borrowing base credit facility (the "Facility") to $227.5 million in commitments.
"We are proud of the continued strengthening in our liquidity position over the last few quarters," said Keith Maxwell, Spark's Chairman and Chief Executive Officer. "By further expanding our facility, we will have the additional financial flexibility for future projects and opportunities. We want to thank our bank group for their continued support and look forward to delivering strong financial results in 2021."