DFX Intelligence

Data Factory

SPATCO Energy Solutions, LLC

sponsor (inference, pe portfolio stem): Kian Capital Partners, LLC

Search this name across graphsid dfx:pc:e3010223-9b93-fffe-9a0b-7efe1bd25642

Data as of Jun 30, 2026 (this record's last observation) from The BDC tape; Adviser-reported credit funds; Deal parties; Pending. Page built Sep 20, 2026, 11:36 AM UTC and rebuilt at most every 15 minutes.

Relationships: 2
Dated events: 33
On other graphs: 1
Observed: Dec 31, 2023 to Jun 30, 2026
12 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

SPATCO Energy Solutions

name equal multitoken · confidence 50% · family precision 100%

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Lenders: 3
BDCs: 3
Facilities: 4
Principal, latest: $39.8Mpieces as filed; a lower bound
Fair value, latest: $39.7M
Mark ratio: 98%fair value over cost, latest
First on a schedule: Dec 31, 2023
Last on a schedule: Jun 30, 2026
Sponsor basis: pe_portfolio_steminferencedeal party is a fact; a portfolio stem or a Form D signer is an inference

Facilities

one facility is one borrower, one kind and one lien; its size is the sum of the BDC pieces the tape can see, a lower bound, never the commitment

Kind	Lien	Size, lower bound	Fair value	Maturity	Maturity basis	Spread	PIK	Lenders	BDCs	Status	Last seen
Term loan	First lien	$38.3M	$37.1M	n/a	n/a	0	n/a	3	3	Unknown	Jun 30, 2026
revolver	unknown	$1.5M	$1.3M	n/a	n/a	0	n/a	3	3	Unknown	Jun 30, 2026
Delayed draw	unknown	n/a	n/a	n/a	n/a	n/a	n/a	3	3	Unknown	Jun 30, 2026
Common equity	equity	n/a	$1.2M	n/a	n/a	n/a	n/a	3	3	Unknown	Jun 30, 2026

Lenders holding it now

each BDC's own pieces on its latest schedule, folded to one row per lender; every amount is that BDC's piece as filed, so a sum is a lower bound; 12 rows folded into 3

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
Barings Private Credit Corp	4	$27.9M	$27.8M	$5.9M	n/a	Jun 30, 2026
Barings BDC, Inc.	4	$8.0M	$7.9M	$1.7M	n/a	Jun 30, 2026
Barings Capital Investment Corp	4	$4.0M	$4.0M	$845,000	n/a	Jun 30, 2026

Relationships

Sponsors (2)

← Kian Capital Partners, LLCSponsor of borrowersPE portfolio stem
Aug 17, 2021 to presentinferenceDFX's own graph
← Kian CapitalSponsor of borrowersPE portfolio stem
inferenceDFX's own graph

Dated events

32 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Dec 31, 2023
Borrower first appears on a BDC schedule
SPATCO Energy Solutions, LLC first appears in a BDC schedule (3 lenders)
Barings Capital Investment CorpBDC schedule of investmentsobserved 1.6 years ago

Show 32 bookkeeping events

Occurred
Jun 30, 2026
Barings Private Credit Corp: principal increased in SPATCO Energy Solutions, LLC ($1.0M principal)
Occurred
Jun 30, 2026
Barings BDC, Inc.: principal increased in SPATCO Energy Solutions, LLC ($.3M principal)
Occurred
Mar 31, 2026
Barings Capital Investment Corp: principal decreased in SPATCO Energy Solutions, LLC ($3.8M principal)
Occurred
Dec 31, 2025
Barings Capital Investment Corp: principal increased in SPATCO Energy Solutions, LLC ($7.5M principal)
Occurred
Mar 31, 2025
Barings BDC, Inc.: principal decreased in SPATCO Energy Solutions, LLC ($7.1M principal)
Occurred
Mar 31, 2025
Barings Private Credit Corp: principal decreased in SPATCO Energy Solutions, LLC ($24.9M principal)
Occurred
Dec 31, 2024
Barings BDC, Inc.: principal increased in SPATCO Energy Solutions, LLC ($14.2M principal)
Occurred
Dec 31, 2024
Barings Private Credit Corp: principal increased in SPATCO Energy Solutions, LLC ($49.9M principal)
Occurred
Sep 30, 2024
Barings Capital Investment Corp: new position in SPATCO Energy Solutions, LLC
Occurred
Sep 30, 2024
Barings Private Credit Corp: new position in SPATCO Energy Solutions, LLC ($.0M principal)
Occurred
Sep 30, 2024
Barings BDC, Inc.: new position in SPATCO Energy Solutions, LLC
Occurred
Sep 30, 2024
Barings Private Credit Corp: new position in SPATCO Energy Solutions, LLC ($24.4M principal)
Occurred
Sep 30, 2024
Barings Private Credit Corp: new position in SPATCO Energy Solutions, LLC
Occurred
Sep 30, 2024
Barings BDC, Inc.: new position in SPATCO Energy Solutions, LLC
Occurred
Sep 30, 2024
Barings Capital Investment Corp: new position in SPATCO Energy Solutions, LLC ($3.5M principal)
Occurred
Sep 30, 2024
Barings Capital Investment Corp: new position in SPATCO Energy Solutions, LLC ($.0M principal)
Occurred
Sep 30, 2024
Barings Private Credit Corp: new position in SPATCO Energy Solutions, LLC
Occurred
Sep 30, 2024
Barings BDC, Inc.: new position in SPATCO Energy Solutions, LLC ($.0M principal)
Occurred
Sep 30, 2024
Barings BDC, Inc.: new position in SPATCO Energy Solutions, LLC ($7.0M principal)
Occurred
Sep 30, 2024
Barings Capital Investment Corp: new position in SPATCO Energy Solutions, LLC
Occurred
Mar 31, 2024
Barings Private Credit Corp: position exited in SPATCO Energy Solutions, LLC
Occurred
Mar 31, 2024
Barings Private Credit Corp: position exited in SPATCO Energy Solutions, LLC
Occurred
Mar 31, 2024
Barings BDC, Inc.: position exited in SPATCO Energy Solutions, LLC
Occurred
Mar 31, 2024
Barings BDC, Inc.: position exited in SPATCO Energy Solutions, LLC
Occurred
Mar 31, 2024
Barings Capital Investment Corp: position exited in SPATCO Energy Solutions, LLC
Occurred
Mar 31, 2024
Barings Capital Investment Corp: position exited in SPATCO Energy Solutions, LLC
Occurred
Dec 31, 2023
Barings Private Credit Corp: new position in SPATCO Energy Solutions, LLC
Occurred
Dec 31, 2023
Barings Capital Investment Corp: new position in SPATCO Energy Solutions, LLC
Occurred
Dec 31, 2023
Barings Capital Investment Corp: new position in SPATCO Energy Solutions, LLC
Occurred
Dec 31, 2023
Barings BDC, Inc.: new position in SPATCO Energy Solutions, LLC
Occurred
Dec 31, 2023
Barings BDC, Inc.: new position in SPATCO Energy Solutions, LLC
Occurred
Dec 31, 2023
Barings Private Credit Corp: new position in SPATCO Energy Solutions, LLC

Provenance

Graph: Private Credit
Canonical id: dfx:pc:e3010223-9b93-fffe-9a0b-7efe1bd25642
First observed: Dec 31, 2023
Last observed: Jun 30, 2026 2 months ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

SPATCO Energy Solutions, LLC

sponsor (inference, pe portfolio stem): Kian Capital Partners, LLC

Search this name across graphsid dfx:pc:e3010223-9b93-fffe-9a0b-7efe1bd25642

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$38.3M

$37.1M

n/a

Unknown

Jun 30, 2026

revolver

unknown

$1.5M

$1.3M

n/a

Unknown

Jun 30, 2026

Delayed draw

unknown

n/a

Unknown

Jun 30, 2026

Common equity

equity

n/a

$1.2M

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

Barings Private Credit Corp

$27.9M

$27.8M

$5.9M

n/a

Jun 30, 2026

Barings BDC, Inc.

$8.0M

$7.9M

$1.7M

n/a

Jun 30, 2026

Barings Capital Investment Corp

$4.0M

$845,000

n/a

Jun 30, 2026