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Skylight, the brand millions of families rely on to get everyone on the same page and lighten the mental load, today announced it has expanded its credit facility to $75 million. The $25 million increase comes from SG Credit Partners alongside Wingspire Capital and will help Skylight widen its product lineup and move into more channels and markets.
Project Jupiter has secured about $18 billion in loans and could face a roughly one-year delay.
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell 8.7% in the afternoon session as Oracle’s force majeure notice on Project Jupiter revived concentration and financing concerns, with tech and growth names already under pressure from rising Treasury yields.
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