Developer NineDot Energy announced this week it secured $431 million in debt financing to support the construction of 28 community-scale battery energy storage systems in the New York City metro area. Led by Natixis Corporate & Investment Banking, the funding covers a portfolio totaling 124 MW/494 MWh.
e-STORAGE to supply 503 MWh to Sunraycer
Canadian Solar subsidiary e-STORAGE has signed a supply and service agreement with developer Sunraycer for two standalone battery projects in Franklin County, Texas. The deal covers the 202 MWh Lupinus 1 and 301 MWh Lupinus 2 projects, totaling 503 MWh of capacity.
FlexGen and Alliant Energy commission 174 MW
Integrator FlexGen and utility Alliant Energy have brought two utility-scale storage projects online in the Midwest. The 75 MW Wood County facility in Wisconsin and the 99 MW Wever facility in Iowa are now fully operational.
Ameresco completes ITC transfers and debt financing
Ameresco has closed a series of transactions involving long-term debt financing and the transfer of investment tax credits (ITCs) for its battery storage assets. The deals were executed through a private shelf facility with CounterpointeSRE and Barings.
For more details on the full-length energy storage round-up, please visit our ESS News website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.