Acacia Research’s Majority Owned Benchmark Energy Closes Senior Secured Financing Providing For Up To $47.5M With Cibolo Energy Partners
Benchmark Energy II, LLC ("Benchmark" or the "Company") announced today the closing of a senior secured financing providing for up to $47.5 million with Cibolo Energy Partners, LLC ("Cibolo").
Benchmark Energy, owned mostly by Acacia Research, got a $47.5 million loan from Cibolo Energy Partners. This money helps the company grow, so watch if they use it well and complete their plans.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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