Conduit Power, a developer and operator of distributed power generation assets, closed a $200 million equipment financing facility with Eldridge Capital Management. The facility will support the buildout of Conduit’s recently announced 200MW distributed generation portfolio in ERCOT. The facility provides financing for generation equipment and is designed to align with Conduit’s modular deployment model, funding multiple projects as sites are commissioned. “This facility provides scalable capital aligned with our deployment model and validates the strength of our distributed generation strategy,” Matt Herpich, CEO of...