A news roundup focusing on TerraFlow’s recent partnership with Storion, JinkoSolar’s deployment of distributed systems in Massachusetts and a credit facility for Lightshift.
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.
London Stock Exchange-listed Gore Street Energy Storage Fund (GSF) has secured a US$80 million increase in debt facilities for its battery storage projects.
US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has agreed a financing package with private equity firm Cerberus, comprised of separate loan and revolver facilities totalling US$315 million.
Developer and operator EsVolta has secured a US$185 million senior secured credit facility for its US battery energy storage system (BESS) project pipeline.
Developers Spearmint Energy, On.Energy, Nexus Renewables and Granite Source Power have collectively secured US$300 million for US battery storage projects, the bulk by Spearmint.
Developer Pulse Clean Energy has secured a three-year £175 million (US$215 million) credit facility with a number of banks to go towards its pipeline of battery storage projects in the UK.