CORK, Ireland & SAN JOSE, Calif.--(BUSINESS WIRE)--Powervation Ltd. (www.powervation.com), the Intelligent Digital Power™ company, today announced it has closed a $3.0 million term debt agreement with Ares Capital Corporation that supplements a $4 million private equity financing that closed in the December quarter. All existing investors participated in the equity financing, including: Scottish Equity Partners (SEP), Braemar Energy Ventures, Intel Capital, VentureTech, 4th Level Ventures, and
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