trending Market Intelligence /marketintelligence/en/news-insights/trending/1b672cpwqsoxs3ex-tz0dw2 content esgSubNav
In This List

Energy-focused lender Madava Financial starts operations

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Podcast

Street Talk Episode 87


Energy-focused lender Madava Financial starts operations

Madava Financial, an energy-focused finance company, announced its official launch.

The company will be led by Chairman Robb Turner and President Mark Green.

Madava's launch coincided with the company's arrangement of a $100 million uni-tranche debt facility for XRO Energy LLC's acquisition of assets from LINN Energy Inc. Those assets included nearly 1,300 wells across 169,000 acres of Wyoming's Washakie/Wamsutter field.

Concurrently, Madava entered into an asset-backed lending facility with Goldman Sachs Group Inc.

Madava specializes in direct senior secured lending to upstream and midstream companies and can also provide mezzanine capital.