Sagepoint Logistics Closes Financing to Expand RNG-Fueled Logistics Platform
Sagepoint Logistics (“Sagepoint”), a subsidiary of Sagepoint Energy, announced today it has closed a senior secured financing with Power Sustainable Infrastructure Credit Manager L.P. (“PSIC”) to expand its dedicated truckload carrier fueled by renewable natural gas (“RNG”). The financing funds the acquisition of a dedicated fleet of 60 Class 8 heavy-duty trucks and related fueling infrastructure, building on Sagepoint’s capabilities in renewable natural gas (RNG).
