Workhorse Group secures $35M in financing from Marathon Asset Management; $1.3M battery purchase by Duke Energy
Green Car Congress
JANUARY 3, 2019
a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. The remaining $25 million will function as a revolving credit facility from which Workhorse may draw down as necessary to meet existing and future purchase orders.
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