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
|