Tillman Networks, a digital and energy transition infrastructure services provider, announced the successful closure of two $40 million revolving credit facilities. These facilities were set up to support Tillman Networks’ turnkey network deployment program in the United States.
This financing, which was led by MUFG Bank highlights Tillman Networks’ strategic approach to fostering growth in the digital and energy transition infrastructure sectors. And Tillman Networks’ vendor financing product is a cornerstone of its strategy to deliver an end-to-end solution for its customers.
In the last three years, Tillman Networks provided its customers over $250 million in long-term financing. By facilitating more accessible access to funding for essential infrastructure projects, Tillman Networks aims to accelerate the deployment of innovative services that meet the evolving needs of its clients and partners.
This funding is a significant step forward in Tillman Networks’ journey to becoming a leader in digital and energy infrastructure services, providing solutions that drive progress and connectivity.
KEY QUOTE:
“Access to reliable and robust digital and energy infrastructure has never been more critical. Our partnership with MUFG and the establishment of these additional new credit facilities not only highlight our capital market capabilities but also our dedication to supporting the infrastructure needs of our partners. This move is a testament to our ongoing commitment to enhancing connectivity and technological advancement.”
– Ranjot Singh, Chief Financial Officer at Tillman Networks
