Energy storage developer-operator Aypa Power has secured a US$1.05 billion credit facility, upsizing its corporate credit facility closed in July of 2024, to accelerate the deployment of its pipeline.

Developer Peregrine Energy Solutions has secured US$168 million for a 150MW battery energy storage system (BESS) currently under construction.

Ameresco has secured a US$262 million increase to its credit facility, supporting the company’s 2.1GWh battery project in California. 

In just the past few days, nearly US$500 million has been committed to downstream activity in the battery energy storage space, with AES Distributed Energy raising US$341 million of debt financing and EsVolta US$140 million of borrowing.