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News Stories (12 Results) - Battery Storage

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

Flux Power Holdings, a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, secured a new $15.0 million credit facility from Gibraltar Business Capital (“GBC”) to fund working capital... Read Story
August 04, 2023, 08:00 AM

First Citizens Bank announced that its Energy Finance group, part of the CIT division, served as the Coordinating Lead Arranger on a $70.4 million construction and term loan financing facility for two standalone battery energy storage projects in... Read Story
July 18, 2023, 07:35 AM

Rockland Trust announced it has closed a multi-million dollar asset-based credit facility with Global Technology Systems, Inc. (GTS). GTS is an experienced provider of engineering reliable, long-lasting batteries and chargers.  “Rockland Trust is... Read Story
September 27, 2017, 07:56 AM

Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group announced the closing of the first non-recourse project financing of battery-based energy storage systems with CIT Bank. The financing, led by... Read Story
March 28, 2017, 07:17 AM