Archive for January, 2008

Babcock Power Announces New Accounts Receivable Securitization Facility

January 17, 2008

Danvers, MA – Babcock Power Inc. (BPI), a privately held Delaware corporation, announced today that it has executed an agreement for a new $100 million three year accounts receivable securitization. The new securitization will augment its existing credit facility and increase BPI’s borrowing capacity to $195 million. This new facility further demonstrates BPI’s continued growing […]