The Board of Directors amended the Secured Revolving Line of Credit Agreement with affiliate MBB Energy, LLC to extend the maturity date from October 15, 2026, to April 15, 2027. The facility, which carries an annualized interest rate of 8%, has a total aggregate capacity of $1,500,000 established in a prior amendment. This extension allows the company additional time to manage liquidity under its existing credit arrangement with related parties. SUNation Energy operates in the solar energy industry, providing residential and commercial regional solar installation services.
