Silver Point Leads $650 Million Financing Supporting the Acquisition of C&D Trojan by Stryten Energy

Silver Point Capital says it led a $650 million term-loan financing to support Stryten Energy’s acquisition of C&D Technologies and Trojan Battery Company (C&D Trojan). The Greenwich, Conn.-based credit investor announced the Direct Lending deal on Oct. 7, 2026, noting it led a syndication to both existing and new lenders. Silver Point linked the move to building a battery-manufacturing and energy-storage platform. After the acquisition, the combined company will operate 18 battery manufacturing and component facilities across the United States, Mexico and China. Stryten completed the transaction on Oct. 1, 2026.