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GridLiance closes $65M revolving credit facility

Transmission company GridLiance High Plains closed a $65 million revolving credit facility with KeyBank NA.

The GridLiance Holdco LP subsidiary plans to use the revolver to finance its growth, support capital projects and fund general corporate purposes, according to an Oct. 10 news release.

GridLiance currently owns and operates approximately 600 miles of transmission lines and related substations nationwide.

GridLiance is a portfolio company of Blackstone Energy Partners, an affiliate of Blackstone Group LP.