Cahill Advises Administrative Agent and Financing Sources on EIF Channelview Cogeneration, LLC’s $260 Million Financing
Date: 07/18/25
Cahill advised the administrative agent and financing sources on a $220 million Term Loan B facility, a $30 million revolving credit facility, and a $10 million letter of credit facility for EIF Channelview Cogeneration, LLC, which owns and operates an approximately 856 MW combined cycle natural-gas fired power cogeneration facility in Channelview, Texas.
Proceeds from the Term Loan B Facility will be used to partially finance Elliott Investment Management’s acquisition of 97% of Channelview from funds managed by Ares Management LLC.