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News Stories (30 Results) - Battery Storage

Platinum Credit Opportunities Funds (“PCOF”) and Ares Commercial Finance (“ACF”) announced today that they provided financing to support Kingswood Capital Management’s (“KCM” or the “Sponsor”) acquisition of Daramic, LLC (“Daramic” or the “Company”)... Read Story

April 28, 2026, 07:52 AM

Elevate Renewables, a leading developer and operator of energy infrastructure, announced the successful close of a $50 million Energy Transition Supplier Finance Facility arranged by Rabobank, one of the world's largest cooperative banks and a global... Read Story

April 14, 2026, 08:03 AM

GridStor secured a $120 million financing package from NORD/LB and Siemens Financial Services for the Gunnar Reliability Project, a battery energy storage facility in Texas, US. The project features a 150MW/300 megawatt-hour (MWh) facility in Hidalgo... Read Story

March 10, 2026, 06:39 AM

NineDot Energy, a leading developer of community-scale battery energy storage systems (BESS) in the New York City metro area, announced a $431 million debt financing led by Natixis Corporate & Investment Banking for the construction of 28 battery... Read Story

February 10, 2026, 07:40 AM

Jupiter Power, a leading developer and operator of utility-scale battery energy storage systems (BESS), closed a $500 million senior secured Green Revolving Loan and Letter of Credit Facility (the "Facility"), upsizing the company's existing $225... Read Story

January 30, 2026, 08:03 AM

Moment Energy, one of North America's leading EV battery repurposing companies, secured $5 million in growth financing from TD Innovation Partners (TDIP), the innovation banking division of The Toronto-Dominion Bank.The funding underscores the... Read Story

November 19, 2025, 07:59 AM

Flatiron Energy closed on an expansion of its existing $125 million credit facility closed in 2024 with certain funds and accounts managed by HPS Investment Partners (“HPS”), bringing the total facility size to $250 million. The Company will utilize... Read Story

October 31, 2025, 07:23 AM

NineDot Energy, a developer of community-scale battery energy storage systems (BESS) in the New York City metro area, completed a $175 million revolving debt financing from Deutsche Bank. This transaction reflects the importance of battery energy... Read Story

October 10, 2025, 07:51 AM

MidCap Business Credit completed a $5 million asset-based credit facility with a manufacturer and distributor of battery based uninterruptible power supplies which are used for providing high quality power in harsh environments.  The opportunity was... Read Story

April 28, 2025, 07:45 AM

GoodPeak, a rapidly growing utility-scale battery energy storage and solar platform, closed construction credit facilities with Pathward and BridgePeak Energy Capital, enabling commencement of construction of its first two 10-MW (2-hour duration)... Read Story

April 04, 2025, 08:10 AM

First Citizens Bank's Energy Finance business served as lead arranger on approximately $133 million in financing on behalf of Cypress Creek Renewables to support the development of the Destiny Storage project, a utility-scale, standalone battery... Read Story

March 12, 2025, 07:58 AM

First Citizens Bank's Energy Finance business served as lead agent on a $74 million financing of GridStor’s Hidden Lakes Reliability Project, a 220 MW / 440 MWh battery storage project in Galveston County, Texas.GridStor is a developer and operator... Read Story

March 07, 2025, 07:55 AM

On.Energy, one of North America’s fastest growing power asset owners and proven end-to-end integrator of battery energy storage projects, has closed construction credit facilities provided by Pathward and BridgePeak Energy Capital to build its 160... Read Story

January 29, 2025, 08:01 AM

Great Rock Capital closed a $25 million senior secured revolving credit facility with Lion Energy, a provider of power products such as large industrial power storage systems, portable solar generators and panels, lithium batteries, and whole-home... Read Story

January 08, 2025, 08:05 AM

Oxford Commercial Finance recently provided a $2 million asset-based loan to a custom battery pack assembler in Illinois. Read Story

November 06, 2024, 07:00 AM

Pathward has served as agent for $146.5 million in construction loans to support the sponsor’s acquisition and construction of six battery energy storage system (BESS) projects in Cameron County, Texas. As a participant to the construction facility... Read Story

October 09, 2024, 07:53 AM

Powin, a global leader in battery energy storage solutions, successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR. The facility will be instrumental in supporting Powin’s working... Read Story

October 03, 2024, 07:57 AM

esVolta announced completion of $258 million senior secured credit facilities for a 980 MWh portfolio of standalone battery energy storage projects.The credit facilities consist of construction plus tax equity bridge financing, letters of credit, and... Read Story

July 31, 2024, 07:41 AM

NineDot Energy, a developer of community-scale battery storage projects in the New York City metro area, closed an additional $25 million revolving credit facility provided by NY Green Bank (NYGB), a division of the New York State Energy Research and... Read Story

July 22, 2024, 07:46 AM

First Citizens Bank's Energy Finance business served as coordinating lead arranger on $133 million of financing for the new Cranberry Point Energy Storage project planned for Carver, Massachusetts. Cranberry Point is a 150 MW / 300 MWh battery energy... Read Story

June 17, 2024, 07:00 AM

First Citizens Bank's Energy Finance business served as sole bookrunner and co-lead arranger on financings totaling more than $150 million for two Apex Clean Energy ("Apex") battery energy storage projects in Texas. One project, Great Kiskadee... Read Story

May 15, 2024, 07:38 AM

In January 2023, American Battery Solutions (ABS), a Michigan-based company that specializes in the development of lithium-ion battery systems for electric vehicles, sought alternative financing solutions to address their capital requirements. The... Read Story

February 01, 2024, 07:45 AM

On.Energy, a proven end-to-end integrator of battery energy storage and Independent Power Producer (IPP), has closed both a construction facility totaling more than $40 million and permanent debt facilities for an 80 megawatt-hour (MWh) portfolio in... Read Story

December 27, 2023, 07:06 AM

First Citizens Bank and Jupiter Power announced that First Citizens Bank's Energy Finance business and Jupiter Power have closed on $65.2 million in financing for construction of a 200-megawatt (MW) / 400 megawatt-hour (MWh) battery energy storage... Read Story

December 20, 2023, 07:36 AM

Fluence Energy, a leading global provider of energy storage products and services and optimization software for renewables and storage, entered into a new four-year $400 million Asset Backed Lending (“ABL”) credit facility maturing in November 2027.... Read Story

November 28, 2023, 07:54 AM

PureSky Energy, a leading developer, owner, and operator of US community solar and battery storage projects, successfully closed a 3-year $150 million revolving credit facility led by Nomura Securities International. as the Sole Lead Arranger. The... Read Story

November 20, 2023, 07:43 AM

First Citizens Bank announced that its Energy Finance business acted as co-lead arranger on a $250 million financing on behalf of a portfolio of 327MW, 1hr duration battery storage projects developed in California by Middle River Power.First Citizens... Read Story

November 17, 2023, 07:32 AM

First Citizens Bank announced that its Energy Finance business served as lead agent on a $170 million credit facility for esVolta, a leading developer, owner and operator of utility-scale battery energy storage projects in North America. The facility... Read Story

November 15, 2023, 07:27 AM

First Citizens Bank announced that its Energy Finance business has served as lead agent on $60 million in financing to Gore Street Energy Storage Fund plc for the development of a 200-megawatt battery storage project located in Imperial County... Read Story

October 25, 2023, 07:40 AM

First Citizens Bank announced that its Energy Finance business has served as coordinating lead arranger on three battery storage project financings for Plus Power, collectively representing $672 million in financing and 700 megawatts (MW) of energy... Read Story

October 18, 2023, 07:20 AM