WTEC Energy: Wind component manufacturer WTEC receives $75 million in financing

Santander Bank's commercial banking division closed a $75 million asset-based revolving credit facility, a long-term loan, for component manufacturer Wind Turbine & Energy Cables Corporation (WTEC). Santander acted as administrative agent, sole lead arranger and sole underwriter on the loan. WTEC is a manufacturer wire, cable and steel products and services for use in the...The post Wind component manufacturer WTEC receives $75 million in financing appeared first on Windpower Engineering & Development.