Recently, Fiera Private Debt has announced the closing of a US$50.0 million senior secured credit facility to Arencibia, Inc., the owner and operator of industrial gas recovery and recycling systems. Funds from this facility will support Arencibia’s growing portfolio of systems, with particular focus on manufacturing processes that consume large quantities of argon or helium.

Based in Quakertown, Pennsylvania, Arencibia constructs, owns and operates onsite gas recovery systems that reduce the gas costs of the world’s largest manufacturers across a range of industries. Arencibia’s systems also reduce the environmental footprint of the manufacturing facility’s gas supply by more than 90%, resulting in significant verified carbon and energy savings that Arencibia’s customers use to meet corporate and regulatory goals.