Tigo Energy repays $50 million Convertible Promissory Note to L1 Energy, using cash on balance sheet.
LOS GATOS, California - Leading solar and energy software solutions provider, Tigo Energy, Inc. (NASDAQ: TYGO), revealed today its complete repayment of all principal and accrued interest on a 5.0% Convertible Promissory Note totaling $50.0 million. The note was issued to L1 Energy Capital Management S.a.r.l. Tigo utilized existing cash reserves for this repayment.
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