ALL Fuels & Energy announced that it received a Letter of Intent to provide $121 million in financing for funding future acquisitions. The company has previously announced that it is actively pursuing acquisitions, and the funding will make it possible to acquire potential candidates.
AFSE President Dean Sukowatey stated, “After evaluating several potential funding sources with knowledge of ALL Fuels & Energy management and growth model, we have identified superior debt and equity groups with which to partner. We look forward to working with these quality financing partners as we complete our acquisitions.”
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