Caydan Capital Partners and Phoenix Merchant Partners Provide $13M Growth Financing to HCT Renewable Energy

August 22, 2024

HCT Renewable Energy closed $13 million in growth financing through an asset-based facility provided by Phoenix Merchant Partners and Caydan Capital Partners. The capital will be used to accelerate HCT’s expansion in the solar energy staffing market, supporting its work connecting utility-scale solar construction companies with skilled labor across the United States.

Buyers
Phoenix Merchant Partners, Caydan Capital Partners
Targets
HCT Renewable Energy
Industry
Renewable Energy
Location
Texas, United States
Transaction Type
Growth capital

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