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.

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. 

Investments totalling US$425 million combined have been secured by US storage and solar developer-operators Lightshift Energy and MN8 Energy.