Avantus has closed a US$1.05 billion corporate credit facility to support the company’s IPP strategy and accelerate development of its solar and energy storage portfolio.
Virginia’s biggest standalone BESS comes online, Cypress Creek raises funding for a gigawatt-scale hybrid resource, and Kore Power’s mobile solutions subsidiary is sold, in this edition of news in brief.
EDP and SRP complete 200MW/800MWh Arizona BESS, Pathway Power closes $150m facility, and B2U secures Waymo supply deal for second-life EV batteries in grid storage.
The US clean energy manufacturing industry is starting to undergo a wholesale restructuring and recapitalisation as companies look to reduce their exposure to numerous risks, including FEOC.
After reporting a record 112GW of global non-pumped hydro energy storage installations in 2025, BloombergNEF (BNEF) expects to see a 41% increase this year.
The rapid digitisation of energy infrastructure represents a big challenge, says Michael Hudson, cybersecurity strategy director at Sungrow North America.
US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.