Project Finance Brief: Jupiter Secures $70 Million for 320 MWh Storage Projects

Modus Asset Management acquires 55 MW of solar projects in Latvia

July 26, 2023

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Jupiter Power, an energy storage project developer, secured a $70.4 million construction and term loan financing facility for two standalone battery energy storage projects in Texas, totaling 160 MW/ 320 MWh. Through its Energy Finance group, First Citizens acted as Coordinating Lead Arranger on the construction and term loan financing facility for the standalone battery energy storage system projects. BankUnited, and Siemens Financial Services were Joint Lead Arrangers.

Mercom Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS