Project Finance Brief: Neoen Completes Funding for 200 MWh Battery Storage Project

INVL Renewable Energy Fund I acquires a 174 MW solar project in Romania

October 12, 2022

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Neoen, an independent renewable energy producer, has announced the financial close on its Capital Battery project, a 100 MW/200 MWh lithium-ion battery storage facility located next to the Queanbeyan substation near Canberra, Australia. The battery project will be financed by a combination of equity provided by Neoen and senior debt facilities provided by the Clean Energy Finance Corporation and Infradebt.

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