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Encina EF Provides $19MM Equipment Lease to Nuclear Power Services Firm

May 04, 2020, 07:20 AM

Encina Equipment Finance (EEF) announced it has provided a $19 million equipment lease to a nuclear power services company. The three-year lease is being used to finance in-service equipment.

EEF was represented by Reed Smith LLP.

Launched in June 2017, Encina Equipment Finance provides loans and leases ranging in size from $5 million to $50 million and secured by essential-use machinery & equipment. The platform provides financing to both privately-owned (sponsor and non-sponsor) and publicly traded companies across a wide range of collateral types, industries (including, but not limited to, construction, distribution, energy, food processing, healthcare, information technology, manufacturing, mining, paper & packaging, and transportation) and use cases (including loans against existing or newly acquired assets, leases of newly  acquired assets and sale-leasebacks of existing assets).







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