Connect with us

Technology

Twain Financial Partners Closes Inaugural Securitized Letter of Credit Facility and Initial Transaction Supporting a Utility-Scale Battery Storage Project

Published

on

ST. LOUIS, Aug. 10, 2026 /PRNewswire/ — Twain Financial Partners (“Twain”), a specialty finance firm investing across the power, digital infrastructure, and real estate sectors, closed its inaugural securitized letter of credit facility (the “Securitization”), establishing a platform designed to meet the growing demand for interconnection security credit solutions for digital infrastructure, renewable energy, battery energy storage and thermal generation projects.

On August 6, 2026, Twain closed the first letter of credit transaction for the Securitization, supporting the MISO ERAS M2 interconnection security posting requirement for a utility-scale battery energy storage project under development by a global infrastructure developer and manager. The M2 posting represents a key milestone in the MISO interconnection process, enabling the project to advance to the next stage of the interconnection study process. 

The transaction demonstrates Twain’s ability to deliver letter of credit solutions that help data center and energy developers satisfy increasingly significant interconnection security requirements while preserving liquidity for project development and other capital needs. 

“As interconnection security posting requirements continue to increase and interconnection timelines become longer, developers are facing growing capital demands across their development portfolios,” said Ari Katz, Vice President of Business Development at Twain. “The closing of our inaugural securitized letter of credit facility marks an important milestone for Twain and positions us to provide data center and energy developers with an efficient, reliable, and scalable source of letter of credit capacity. We look forward to building long-term partnerships that help accelerate the development of critical digital and energy infrastructure.” 

Guggenheim Securities, LLC served as sole structuring advisor and sole placement agent to Twain in connection with the securitized letter of credit facility; White & Case LLP acted as Counsel for Twain. Sheppard, Mullin, Richter & Hampton LLP acted as Counsel for Twain on the letter of credit transaction. 

About Twain

Founded in 2013, Twain Financial Partners (“Twain”) is a St. Louis–based full-service specialty finance firm with approximately $6 billion in assets under management. Twain delivers capital, structuring, and portfolio management solutions for complex investments across the power, digital infrastructure, and real estate sectors throughout the United States. 

Twain provides tailored financing products for power and digital infrastructure developers, including interconnection letters of credit, bridge equipment financing, and preferred equity supporting critical infrastructure development, deployment, and expansion.

Twain’s mission is to deliver a seamless partner experience by combining capital, structuring expertise, and disciplined execution to help clients navigate complex markets and create long-term value.

View original content to download multimedia:https://www.prnewswire.com/news-releases/twain-financial-partners-closes-inaugural-securitized-letter-of-credit-facility-and-initial-transaction-supporting-a-utility-scale-battery-storage-project-302846413.html

SOURCE Twain Financial Partners Holding LLC.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

SonicWall Earns Clean Sweep of 2026 CRN Annual Report Card Awards in Network Security – Enterprise Category

Published

on

By

MILPITAS, Calif., Aug. 10, 2026 /PRNewswire/ — SonicWall today announced it earned a clean sweep of the 2026 CRN® Annual Report Card (ARC) Awards in the Network Security – Enterprise category from CRN®, a brand of The Channel Company. SonicWall was named the overall winner of the category and also earned top honors in all subcategories: Product Innovation, Support, Partnership, and Managed & Cloud Services.

Among the IT channel’s most respected honors, the CRN Annual Report Card (ARC) Awards recognize technology vendors that excel in supporting and empowering their partner communities. Award winners are chosen based on direct feedback from solution providers, who evaluate vendors on the strength of their channel programs, partner experience, product innovation, and commitment to building successful, long-term partnerships.

“To lead not just the overall category, but to have the highest average score in every single subcategory, is proof our partners recognize not only the innovation in network security SonicWall delivers, but also the investment we’ve made in their success,” said Chandro Prasad, Chief Product Officer at SonicWall. “It is a humbling recognition from the partners we work with every day. Sweeping every subcategory isn’t a coincidence; it’s validation that the direction we’ve been building toward is the right one, and one we intend to keep pushing on.”

Based on thousands of solution provider evaluations collected across North America, the CRN Annual Report Card (ARC) Awards recognize the technology vendors that deliver exceptional value to their channel partners.

“As a former partner of SonicWall, it doesn’t surprise me that we swept every subcategory this year,” said Jonathan Berger, Global Channel Chief at SonicWall. “I saw firsthand the level of support and partnership SonicWall brings to the table in Product Innovation, Support, Partnership, and Managed & Cloud Services. I couldn’t be prouder and more honored, to be part of the team delivering this incredible achievement.”

Honoring excellence across 23 technology categories, the awards highlight leadership in product innovation, support, partnership, and managed and cloud services. ARC winners stand out for their commitment to helping solution providers grow, compete, and succeed.

“The CRN Annual Report Card Awards honor technology vendors that set the standard for channel excellence,” said Jennifer Follett, VP, U.S. Content and Executive Editor, CRN, The Channel Company. “Selected based on direct feedback from solution providers, this year’s winners have demonstrated exceptional commitment to innovation, partnership, and enabling partner success. We congratulate the 2026 ARC Award winners for earning the trust and recognition of the channel community through their continued leadership and dedication.”

Coverage of the CRN 2026 ARC winners can be found online at www.CRN.com/ARC. Award winners were spotlighted during The Channel Company’s XChange August 2026 conference.

To learn more, visit SonicWall at www.sonicwall.com

About SonicWall
SonicWall is a partner-first unified cybersecurity portfolio that helps SMBs, MSPs, and IT teams consolidate network, endpoint, cloud, and threat response across hybrid environments. For more than 30 years, SonicWall has championed a partner-first model that combines purpose-built technology, cloud-delivered security services and real-time threat intelligence to help businesses prevent breaches, reduce risk and stay operational in the face of evolving modern threats. We are committed to deliver the best security outcomes for our customers where others deliver features and functions. Through its unified cybersecurity portfolio and global community of over 17,000 partners, SonicWall enables managed service providers to actively manage, continuously optimize and measurably protect networks, cloud environments, endpoints and applications. The company is redefining cybersecurity around outcomes that matter to business leaders, including breach prevention, compliance achievement, cost efficiency and reduced human error, because protection is not about what a product can do but about what it actually delivers.

About The Channel Company 

The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.

Follow The Channel Company: LinkedIn and X

© 2026 The Channel Company, Inc. The Channel Company logo is a registered trademark of The Channel Company, Inc. All other trademarks and trade names are the properties of their respective owners. All rights reserved.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sonicwall-earns-clean-sweep-of-2026-crn-annual-report-card-awards-in-network-security–enterprise-category-302846700.html

SOURCE SonicWall

Continue Reading

Technology

Scale Computing, Inc. Honored With CRN 2026 Annual Report Card (ARC) Award

Published

on

By

Solution Providers Rank Scale Computing as the Top Performer in Hybrid Cloud Infrastructure for Eighth Consecutive Year

AUSTIN, Texas, Aug. 10, 2026 /PRNewswire/ — Scale Computing, the leader in edge computing and network solutions, today announced the company has earned a 2026 CRN Annual Report Card (ARC) Award in the Hybrid Cloud Infrastructure category from CRN®, a brand of The Channel Company. This is the eighth consecutive year Scale Computing has been recognized as a CRN ARC Award winner, and the company once again swept all subcategories, including Product Innovation, Support, Partnership, and Managed & Cloud Services.

Among the IT channel’s most respected honors, the CRN Annual Report Card (ARC) Awards recognize technology vendors that excel in supporting and empowering their partner communities. Award winners are chosen based on direct feedback from solution providers, who evaluate vendors on the strength of their channel programs, partner experience, product innovation, and commitment to building successful, long-term partnerships.

“We’re honored to be recognized with a CRN ARC Award for the eighth year in a row, winning the Hybrid Cloud Infrastructure category and sweeping all subcategories,” said Kyle Fenske, global channel chief, Scale Computing. “Scale Computing solutions are built to run and protect critical applications with operational simplicity and high availability, from the core data center to the most distributed edge locations. The CRN ARC Award recognition reaffirms that Scale Computing is the number one solution for Hybrid Cloud Infrastructure.”

Scale Computing brings compute, centralized management, networking, and security together under one vendor, greatly reducing risk, operating costs, and complexity. Scale Computing has new purpose-built solutions that streamline edge operations, including:

SC//AcuVigil™ managed network solutions pair 24/7 network operations support with self-service visibility and control, giving multi-site operators a unified way to monitor, troubleshoot, secure, and optimize every connection across their network.SC//Connect™ secure SD-WAN solutions deliver cloud-native SD-WAN and SASE solutions that simplify WAN management and boost performance, security, and reliability across the enterprise.SC//HyperCore™ virtualization suite integrates software, servers, and storage into a fully unified virtualization suite, saving organizations time and resources.SC//Reliant™ Edge Computing as a Service is a hardware- and cloud-agnostic, API-capable edge platform that empowers multi-site businesses to manage applications, networks, and security at scale, without added complexity or overburdened IT teams.

Based on thousands of solution provider evaluations collected across North America, the CRN ARC Awards recognize the technology vendors that deliver exceptional value to their channel partners. Honoring excellence across 23 technology categories, the awards highlight leadership in product innovation, support, partnership, and managed and cloud services. ARC winners stand out for their commitment to helping solution providers grow, compete, and succeed.

“The CRN Annual Report Card Awards honor technology vendors that set the standard for channel excellence,” said Jennifer Follett, VP, U.S. Content and Executive Editor, CRN, The Channel Company. “Selected based on direct feedback from solution providers, this year’s winners have demonstrated exceptional commitment to innovation, partnership, and enabling partner success. We congratulate the 2026 ARC Award winners for earning the trust and recognition of the channel community through their continued leadership and dedication.”

Coverage of the CRN 2026 ARC winners can be found online at www.CRN.com/ARC. To learn more about the award-winning Scale Computing edge computing and network solutions, please visit scalecomputing.com/products.

About Scale Computing, Inc.
Scale Computing, Inc. is the industry’s largest edge-first platform company, uniquely positioned to power the AI-driven future of distributed enterprises. Providing edge computing, managed network security, re-virtualization and hyperconverged solutions, Scale Computing delivers an integrated infrastructure that adapts and scales from one to 50,000 locations. Thousands of organizations around the world rely on Scale Computing to power critical applications with unparalleled ease. Scale Computing is backed by Oaktree Capital Management L.P., one of the world’s largest funds with over $200 billion in assets under management. For more information, visit www.scalecomputing.com

© 2026 Scale Computing, Inc. All rights reserved. Scale Computing is a trademark of Scale Computing, Inc. CRN is a registered trademark of The Channel Company, used with permission. All other marks are the property of their respective owners. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/scale-computing-inc-honored-with-crn-2026-annual-report-card-arc-award-302846348.html

SOURCE Scale Computing

Continue Reading

Technology

Finster AI secures investment from UBS to advance AI innovation in investment banking

Published

on

By

Investment reflects a focus on AI-native infrastructure supporting research, advisory, and capital markets workflows

NEW YORK, Aug. 10, 2026 /PRNewswire/ — Finster AI, the AI intelligence layer for financial professionals, today announced a strategic investment by UBS Investment Bank as part of Finster’s Series B financing round, alongside FactSet.

The investment relates to the development of AI-native workflows, secure enterprise systems, and trusted data infrastructure to support financial institutions in areas such as research, analysis, and client service. 

Finster AI is an AI-native platform designed to support research, analysis, and content workflows across investment banking and asset management. Finster’s intuitive platform uses AI to integrate structured financial data, unstructured content, and institutional knowledge into unified workflows to generate faster, traceable insights, and enhance client engagement.

The proactive AI can create client-ready briefing decks, model companies and markets ahead of strategic transactions, and continuously monitor sectors for emerging trends, competitive activity, opportunities, and market-moving events. By accelerating research, surfacing relevant insights, and simplifying analysis, the platform allows users to increase productivity and unlock more revenue generating opportunities. 

Finster’s technology is being developed in collaboration with ecosystem partners including FactSet, whose AI for Banking platform provides a secure, unified environment for workflow automation and data-driven insight generation across investment banking and research teams.

Finster is designed to integrate with the internal and external data sources financial institutions rely on. Through FactSet’s AI for Banking platform, Finster brings financial data and analytics into AI-native workflows and connects seamlessly with widely used applications including Microsoft Excel and PowerPoint.

“UBS Investment Bank’s investment in Finster AI reflects our interest in technologies that support the continued evolution of investment banking workflows,” said Greg Peirce, Co-Head of Global Banking APAC and AI Business Sponsor. “AI and data infrastructure continue to advance across financial services, with potential applications in enhancing efficiency, transparency, and insight generation across advisory and capital markets activities.” 
The investment will support Finster’s continued development of enterprise-grade AI infrastructure tailored to investment banking use cases, including expanded workflow capabilities, deeper data integrations, and functionality designed for regulated environments.

“This investment from UBS Investment Bank, alongside FactSet reflects the growing importance of AI-native infrastructure in investment banking,” said Sid Jayakumar, CEO, Finster AI.

“We believe the next generation of banking workflows will be built on trusted data, secure AI infrastructure, and workflow-aware automation that enables faster, more transparent, and better-informed decision-making. Through FactSet’s AI for Banking platform, we are bringing those capabilities directly into the banking workflows where they can create the greatest impact.”

About Finster AI
Finster AI is an AI-native intelligence and agent orchestration platform purpose-built for investment banks, asset managers, and institutional investors. The platform helps financial institutions source, synthesize, and act on structured data, unstructured content, internal knowledge, and external market signals within existing workflows and tools. Led by experts from DeepMind, Meta, J.P. Morgan, and Morgan Stanley, Finster is building enterprise-grade AI infrastructure for the financial services industry.

About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) supercharges financial intelligence, offering enterprise data and information solutions that help our clients maximize their potential. Our cutting-edge digital platform seamlessly integrates proprietary financial data, client datasets, third-party sources, and flexible technology to deliver tailored solutions across the buy side, sell side, wealth management, private equity, and corporate sectors. With over 47 years of expertise, a presence in 20 countries, and extensive multi-asset class coverage, we leverage advanced data connectivity alongside AI and next generation tools to streamline workflows, drive productivity, and enable smarter, faster decision-making. Serving more than 9,100 global clients and over 247,000 individual users, FactSet is a member of the S&P 500 dedicated to innovation and long-term client success. Learn more at www.factset.com and follow us on X and LinkedIn.

View original content:https://www.prnewswire.com/news-releases/finster-ai-secures-investment-from-ubs-to-advance-ai-innovation-in-investment-banking-302846425.html

SOURCE Finster AI

Continue Reading

Trending