Greenwich, CT, January 16, 2025 – Silver Point Capital today announced that its Direct Lending business has led the refinancing of the existing indebtedness of Stryten Energy, a U.S.-based energy storage solutions provider.
Stryten offers stored energy solutions that serve the transportation, motive and essential power industries. With a manufacturing, service and distribution network throughout North America, Stryten leverages its advanced lead, lithium and vanadium solutions to help customers solve complex energy storage challenges. Stryten was formed by Atlas Holdings in August 2020.
“As Stryten Energy works to meet the world’s evolving energy storage needs, we are pleased to partner with Atlas to deliver a refinancing solution that we believe strengthens Stryten’s balance sheet and helps advance the company’s execution of its business plan,” said Anthony DiNello, Head of Direct Lending at Silver Point Capital.
About Stryten Energy
Stryten Energy helps solve the world’s most pressing energy challenges with a broad range of energy storage solutions across the Essential Power, Motive Power, Transportation, Military and Government sectors. Headquartered in Alpharetta, Georgia, Stryten partners with some of the world’s most recognized companies to meet the growing demand for reliable and sustainable energy storage capacity. Stryten powers everything from submarines to subcompacts, microgrids, warehouses, distribution centers, cars, trains and trucks. Its stored energy technologies include advanced lead, lithium and vanadium redox flow batteries, intelligent chargers and energy performance management software that keep people on the move and supply chains running. An industry leader backed by more than a century of expertise, Stryten has The Energy to Challenge the status quo and deliver top-performing energy solutions for today and tomorrow. Learn more at www.stryten.com.
About Silver Point
Silver Point is a leading global credit investing firm founded in 2002. With a dedicated team of approximately 340 employees, Silver Point oversees $37 billion in investable assets across a comprehensive credit platform that includes public and private investment strategies. Silver Point's Direct Lending business has delivered customized financing solutions to middle-market companies across a broad range of industries. It works in close partnership with borrowers, developing a thorough understanding of their businesses and addressing a wide variety of capital needs with speed and certainty. Silver Point's flexible mandate is designed to allow clients to execute on M&A activity, refinancings and growth capital, among a range of transaction types. Silver Point's Direct Lending business manages over $16 billion in investable assets. For more information, please visit www.silverpointcapital.com.
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