Wingspire Equipment Finance Supports Sponsor-Backed Utility Services Platform with $22 Million Financing

TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance announced the closing of a $22 million equipment financing transaction with a sponsor-backed utility services platform. The company provides vegetation management, right-of-way clearing, emergency storm response, and related infrastructure maintenance services.

Structured as a First Amendment Lease, the financing supported bucket trucks and customized utility and forestry equipment used across the company’s field operations. The equipment was purchased and placed in service during Q4 2025, and Wingspire Equipment Finance converted those recent acquisitions into structured financing aligned with the assets’ expected useful life.

By converting recent equipment investments into longer-term financing, the transaction improved the company’s liquidity, diversified its capital sources, and preserved capital for ongoing operations and strategic initiatives.

“Utility services companies rely on specialized heavy equipment to meet the demands of vegetation management, storm response, and infrastructure maintenance,” said Thomas Wood, Assistant Vice President, Business Development at Wingspire Equipment Finance. “We were pleased to provide financing that supported the client’s equipment investment and growth strategy, and we look forward to building on this partnership.”

Wingspire Equipment Finance supports sponsor-backed, equipment-intensive businesses with capital solutions built around essential fleet needs, liquidity objectives, and long-term growth.

About Wingspire Equipment Finance:

Wingspire Equipment Finance is a leading provider of large transaction equipment financing solutions, empowering middle-market and private equity-backed companies with flexible and innovative capital structures. With a focus on client success and industry expertise, Wingspire Equipment Finance provides strategic capital solutions that promote long-term success for its clients. Wingspire Equipment Finance is the equipment financing arm of Wingspire Capital, a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with $319 billion of assets under management as of June 30, 2026.

Loans made or arranged pursuant to a California Financing Law license.