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.

Global system integrator Fluence has closed a four-year US$400 million asset-backed lending (ABL) credit facility.

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.

The collapse of Silicon Valley Bank has raised questions around the availability of capital for the clean energy sector, having been a major actor in the space to-date including with Sunrun, Leap, AES, Cypress Creek and other developers.

Origis Energy has obtained a US$750 million credit facility for its solar and energy storage development project pipeline in the US. 

Aypa Power has secured US$320 million to advance activities including interconnection agreements and customer contracts for a 15GW+ pipeline.