NEW YORK, May 12, 2017 /PRNewswire/ -- Vantage Commodities Financial Services, LLC ("Vantage") announced that it has provided a $25 million credit facility to Atlantic Energy, a leading retail energy company.
Commenting on the financing, Vantage's CEO, Victor Ferreira stated, "Vantage is pleased to have provided Atlantic Energy with a facility that enhances their capital structure. We see this as an opportunity to assist Atlantic Energy in executing on their financial plan."
Atlantic Energy's CEO, Patrick Linden, added, "By securing additional financing, Atlantic Energy is uniquely positioned to continue our mission of offering tangible value added products and cost effective services to our customers. We are entering into a new era of energy deregulation and are excited to help push the industry in a positive direction. We are excited to partner with Vantage and their highly experienced management team."
Vantage is a specialty finance company which provides cost effective and flexing financing solutions to energy companies. It has special expertise in providing financing to retail energy companies operating in the North American deregulated power and natural gas markets. Vantage is financed by an A-rated banking institution as a strategic partner. Founded in 2011 and headquartered in New York City, Vantage seeks financing opportunities in the $5 million to $50 million range. Vantage is a wholly owned subsidiary of Big Apple Energy, LLC.
About Atlantic Energy
Atlantic Energy is a licensed retail energy supplier focused on competitive energy supply plans and an energy-efficient LED Lighting Program. Custom built logistical software, timely delivery, and a dedicated customer service team help Atlantic Energy better serve its diverse customer base; building brand awareness. By reducing energy consumption for its customers and offering power generated from clean, renewable sources, Atlantic Energy is actively improving environmental conditions in many communities in the Northeast.
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SOURCE Vantage Commodities Financial Services, LLC