Energy 1 Corporation announced it has closed a $3 million Senior Secured Credit Facility with TCA Global Credit Master Fund. Under the terms of the agreement, funds will be made available to E1 on an as-needed basis, with the initial draw down set at $600,000. The credit facility is provided through TCA Global Credit Master Fund, which seeks to provide financing to small, growing, private and listed companies.

The loan will spur the company in its growth, as well as allow them to take advantage of additional opportunities within their sector.