Technology company, Plasco Energy Group, has secured a credit facility worth $142.7 million. The company will use the proceeds to fund its commercial projects in development in Canada, the U.S., the U.K., Poland, the Caribbean, and China. The new financing will be led by the funds managed by Soros Fund Management. The new loan follows a $112.1million equity commitment led by Ares Management in July 2010.
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