APR Energy Doubles Revolving Credit Facility to $300 Million to Fund Data Center Power Growth

New updates have been reported about APR Energy (PC:APREN)

APR Energy has secured a major expansion of its financing capacity, with Wingspire Capital upsizing the company’s revolving line of credit to $300 million, doubling the $150 million facility put in place earlier this year. The enlarged revolver will fund capital expenditures, fleet expansion, maintenance and refurbishment of APR’s mobile gas turbines, as well as working capital and incremental liquidity to support growth. This financing directly underpins APR’s strategy to serve mission-critical customers—particularly data center operators and utilities—by scaling its 1 GW fleet of mobile gas turbines and associated balance-of-plant equipment. Executive Chairman and CEO Charles Ferry said the additional capital will allow APR to expand its fleet and respond quickly to accelerating demand for fast, reliable power, especially from data center clients facing long grid-connection timelines.

The upsized facility positions APR to capitalize on structural trends in digital infrastructure and grid constraints, enabling it to deploy large-scale power projects in weeks rather than the years typically required for permanent generation assets. Wingspire Capital acts as Administrative Agent on the new facility, joined by Great Rock Capital and Siena Lending Group as Co-Documentation Agents, reflecting a broadened lender base and reinforced access to asset-based capital. APR, a portfolio company of Fortress Investment Group, remains focused on bridging and behind-the-meter solutions for data centers and utilities worldwide, with the revolver providing a flexible funding source to support new contracts, global deployments, and the refurbishment cycle of its mobile fleet. For financial stakeholders, the transaction signals lender confidence in APR’s business model and end-market demand, while providing the balance sheet flexibility needed to pursue additional growth opportunities across global power-constrained markets.