Vantage Commodities Financial Services, LLC (Vantage) announced that it has provided a $10 million credit facility to GB Power, a retail energy company based in Texas.
Commenting on the financing, Vantage's President, Sumit Takkar stated "We are excited to be a financial partner of GBPOWER. Our expertise in retail energy sector allowed us to move quickly to provide a flexible solution to meet the needs of the company. GBPOWER is a well-capitalized company with a high potential for growth. We look forward to working with them and supporting their growth."
GB Power's CEO, Luis Cantu, added "We are very pleased to work with Vantage. They have been helpful and confident of GBPOWER's potential. This facility will help us with the execution of our growth strategies."