DFX Intelligence
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Borrower
I•••••••• T•••••• O•••••••• I• L••
Independent Power and Renewable Electricity Producersgroup grade Aon a schedule nowsponsor unattributed
Principal held
at least $8.3M
sum of BDC pieces, a lower bound
Fair value
$8.3M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
5
2 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
May 1, 2032
no dated debt inside 24 months
On the tape since
Sep 30, 2024
latest Jun 30, 2026
Events
4
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $4.7M | 100c | S+275 bp | May 1, 2032 | 4 |
| other lien unstated | at least $3.6M | 100c | S+275 bp | May 17, 2032 | 1 |
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| A••• C••• I••••••••• F••• | term loan first lien First lien senior secured loans | $4.7M | $4.7M 100c | S+275 bp |
| F••••••• B•• C•••••• C••• | unstated lien unstated | $225,000 | $225,000 100c | S+275 bp |
| F••••••• B•• C•••••• C••• | unstated lien unstated | $3.4M | $3.4M 100c | S+275 bp |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2026 | 2 | $8.3M | $8.3M | 100c | 0 |
| Mar 31, 2026 | 2 | $8.4M | $8.4M | 100c | 0 |
| Dec 31, 2025 | 3 | $13.1M | $13.1M | 100c | 0 |
| Sep 30, 2025 | 1 | $6.0M | $6.1M | 102c | 0 |
| Jun 30, 2025 | 1 | $6.4M | $6.5M | 102c | 0 |
| Mar 31, 2025 | 1 | $4.2M | $4.2M | 101c | 0 |
| Dec 31, 2024 | 2 | $5.2M | $5.3M | 103c | 0 |
| Sep 30, 2024 | 1 | $4.5M | $4.5M | 103c | 0 |
What changed
- Spread changed (observed)Dec 31, 2025
- New lender joined a facilityDec 31, 2025
- Lender left a facilityDec 31, 2025
- New lender joined a facilityDec 31, 2025
- Lender left a facilitySep 30, 2025
- Maturity extended (observed)Mar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Spread changed (observed)Dec 31, 2024
- Lender left a facilityDec 31, 2024
- New borrower on a BDC scheduleSep 30, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- INVENERGY THERMAL OPERATINGderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 5 BDCsderived
- Industry
- Independent Power and Renewable Electricity Producersreportedas one filer wrote it