Financing secured for 200 MW/400 MWh battery energy storage system in Houston
First Citizens Bank and Jupiter Power have closed US$65.2 million in financing for the 200 MW/400 MWh battery energy storage system in Houston, Texas, USA.
Headquartered in Austin, Texas, and Chicago, Illinois, Jupiter Power specializes in energy storage infrastructure. The company currently has 775 MWh of operational projects, 620 MWh under construction, and over 11,000 MW of new projects in development across the United States from Maine to California. Apart from this funding, First Citizens Energy Finance played a key role as the Coordinating Lead Arranger in a prior transaction, providing a US$70.4 million construction and term loan financing facility for two independent battery energy storage projects in Texas, totaling 160 MW/320 MWh.
Country updates
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December 12, 2023
Environmental Assessment Concluded for 924 MW Offshore Wind Project in New York
The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed 924 MW Sunrise Wind offshore wind project in Massachusetts, New York, USA. The project is situ...
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December 11, 2023
US$568 million loan support to CIF’s Clean Technology Fund (CTF)
United States Treasury has supported the Climate Investment Funds (CIF) through a new US$568 million loan to CIF’s Clean Technology Fund (CTF).
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December 11, 2023
Acquisition closed of 90 MW combined cycle Power Plant near Las Vegas
Nightpeak Energy has closed the purchase of the Saguaro Power Company, the owner of a 90 MW combined cycle power plant near Las Vegas, Nevada, USA. Saguaro operates on a seasonal basis to offer...
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December 01, 2023
US$1.3 billion financing closed for a 682 MW Solar project in the USA
Excelsior Energy Capital announced that it has closed a USD1.3 Billion financing package on the 682.5 MW Faraday Solar project in Utah County, Utah, USA.
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November 29, 2023
US$300 Million Debt and Tax Equity Investment for 100 MW Prairie Mist Solar Project
Primergy Solar LLC announced that it closed commitments for US$300 million in debt finance and tax equity investment for the 100 MWac Prairie Mist Solar Project in Ashley County, Arkansas, USA....
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