Wind Turbine closes $75 million asset-based revolver via Santander

By Sarah Lizee

Olympia, Wash., Jan. 22 – Wind Turbine & Energy Cables Corp. closed a $75 million asset-based revolving credit facility with Santander Bank as lead arranger, bookrunner and administrative agent, according to a press release.

The financing will help to further support the company’s long-term growth strategy both domestically and abroad.

Wind Turbine & Energy Cables is a manufacturer of wire, cable and steel products and services for use in the energy sector. It is based in Hasbrouck Heights, N.J.

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