---
schema_version: "secwatch.filing_event.v1"
accession: "0001362705-23-000027"
form_type: "8-K"
ticker: null
cik: "0001362705"
company_name: "Evolve Transition Infrastructure LP"
filed_at: "2023-04-12T23:59:59+00:00"
generated_at: "2026-06-17T02:58:21.925077+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Evolve Transition Infrastructure reduces term loan to $20M, extends maturity to Sep 2025

## Summary
- Term loan facility reduced from $65M to $20M aggregate principal amount.
- Maturity date extended to September 30, 2025; quarterly amortization replaced by $2.5M annual payments.
- Removed requirement to prepay loans when cash exceeds $3.5M; removed need for Additional Credit Support.
- Adopted SOFR as benchmark; allowed use of asset sale proceeds for capital redeployment under conditions.
- Amendment effective April 10, 2023; all lenders and guarantors executed the amendment.

## SEC filing metadata
- accession: 0001362705-23-000027
- form_type: 8-K
- cik: 0001362705
- company_name: Evolve Transition Infrastructure LP
- filed_at: 2023-04-12T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362705/000136270523000027/0001362705-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362705/000136270523000027/evolve-20230410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001362705-23-000027
- JSON: https://secwatch.observer/filing/0001362705-23-000027.json
- Plain text: https://secwatch.observer/filing/0001362705-23-000027.txt

## Key facts
- Debt Financings
  Evolve Transition Infrastructure LP amended credit facility of from an aggregate principal amount of $65 million to an aggregate principal amount of up to $20 million with Royal Bank of Canada maturing September 30, 2025.
  - Instrument: credit facility
  - Principal: from an aggregate principal amount of $65 million to an aggregate principal amount of up to $20 million
  - Counterparty: Royal Bank of Canada
  - Maturity: September 30, 2025
  - Event: amendment
  source text: reduction of the term loan facility from an aggregate principal amount of $65 million to an aggregate principal amount of up to $20 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362705/000136270523000027/0001362705-23-000027-index.htm
- Material Agreements
  Evolve Transition Infrastructure LP amended Thirteenth Amendment to Third Amended and Restated Credit Agreement with Royal Bank of Canada (as administrative agent) and the lenders party thereto (effective 2023-04-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Royal Bank of Canada (as administrative agent) and the lenders party thereto
  - Effective: 2023-04-10
  source text: On April 10, 2023, Evolve Transition Infrastructure LP (the “ Partnership ”), as borrower, entered into that certain Thirteenth Amendment to Third Amended and Restated Credit Agreement with the guarantors party thereto (“ Guarantors ”), each of the lenders party thereto (each, a “ Lender ”), and Royal Bank of Canada (“ RBC ”), as administrative agent, collateral agent, and letter of credit issuer (the “ Thirteenth Amendment ,” the Third Amended and Restated Credit Agreement, as amended prior to the effectiveness of the Thirteenth Amendment, the “ Existing Credit Agreement ,” and, the Existing Credit Agreement, as amended by the Thirteenth Amendment, the “ Amended Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362705/000136270523000027/0001362705-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.