Koolboks secures TLG Capital credit facility for solar cooling inventory
The financing supports inventory and retail partnerships, with a Cascador guarantee delivered alongside Morgan Stanley.
Koolboks secured a credit facility from TLG Capital, announced on November 3. The facility combines private credit with a guarantee from Cascador, delivered in partnership with Morgan Stanley. Its size was not disclosed.
The financing will help the solar-powered cooling company stock inventory and expand retail and appliance partnerships. Koolboks combines solar panels, ice-battery storage and pay-as-you-go financing to help businesses preserve goods through power interruptions.
Use of funds
Fund inventory and expand retail and appliance partnerships