Australian battery energy storage system (BESS) developer Akaysha Energy has refinanced its project debt into an AU$1.75 billion (US$1.22 billion) portfolio-level facility.
Two Victorian battery storage projects have reached new construction and commissioning milestones this week, both connecting to the National Electricity Market (NEM) in Australia.
Akaysha Energy’s Waratah Super Battery is now operating at 700MW and 1,680MWh following the successful return to service of High Voltage Transformer 2 (HVT2), the BlackRock-backed developer confirmed in a market update today (4 June).