Developer Flatiron Energy has increased its US$125 million credit facility with certain funds and accounts managed by HPS Investment Partners, to US$250 million.
Three US battery energy storage system (BESS) developers, GridStor, Flatiron, and Jupiter Power, have advanced BESS projects totalling 1.6GWh across Arizona, Massachusetts, and Michigan.
Flatiron Energy has commenced initial proceedings to construct a 168MW/672MWh BESS at the site of a former coal-fired power plant located in Bristol County, Massachusetts.
