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Home : Blue Earth Closes on $10 Million Revolving Credit Facility
Feb 25
2013

Blue Earth Closes on $10 Million Revolving Credit Facility

HENDERSON, NV--(Marketwire - February 25, 2013) - Blue Earth, Inc. (OTCQB: BBLU), a renewable energy and energy efficiency services company, announced it has closed on a $10,000,000 revolving line of credit facility. Under the terms of the agreement, TCA Global Credit Master Fund, L.P. has committed to lend a total of $10,000,000 through one of the Fund's senior secured revolving notes. The initial tranche of $1,500,000 was funded on February 22, 2013. Following the initial draw, the Company must meet specific monthly collateral requirements to further draw upon the revolving credit facility offered by TCA.
Source:http://www.marketwire.com/mw/release.do?id=1760974&sourceType=3
 
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