Horizon Technology Finance and CR Financial Holdings provide $20M senior credit facility to NeoVolta
Type: Financing · Technology: Storage · Country: United States · Value: $20M · Announced: 2026-09-10
Horizon Technology Finance Corp., an affiliate of Monroe Capital, announced on September 10 that its joint venture with CR Financial Holdings, Inc. has provided NeoVolta, Inc. with a $20 million senior credit facility to support the company's continued growth. The facility includes an option to increase the amount to $30 million upon mutual agreement. An initial $20 million was funded at closing. The transaction was structured through the RoHo Capital Opportunity Fund LLC, a joint venture formed by Horizon and CR Financial Holdings. This financing represents a material capital injection for NeoVolta in the battery energy storage sector.
Counterparties
- Horizon Technology Finance Corp (Lender)
- NeoVolta, Inc (Borrower)
- CR Financial Holdings, Inc (Lender)
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