FS Energy’s Foxfields increases term loan availability to $155 million

By Wendy Van Sickle

Columbus, Ohio, Dec. 1 – FS Energy and Power Fund financing subsidiary Foxfields Funding LLC increased term loans available under its term loan and security agreement to $155 million from $125 million, according to an 8-K filed with the Securities and Exchange Commission.

At closing of the Nov. 25 amendment, the company drew $9.6 million of the additional $30 million commitment.

The agreement is originally dated Nov. 6, and Fortress Credit Co. LLC is the administrative agent.

FS Energy and Power Fund is a Philadelphia-based investment company that invests primarily in income-oriented securities of privately held energy- and power-related companies.

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