SMT Energy Secures Funding for 160 MW/320 MWh Energy Storage Project
The project is expected to begin commercial operations in Q2 2026
February 28, 2025
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SMT Energy, a developer, owner, and operator of battery energy storage projects, secured $135 million in project financing to develop a 160 MW/320 MWh battery energy storage project in Houston, Texas, also known as SMT Houston IV. Macquarie and KeyBanc acted as the joint lead arrangers and provided $100 million in funding.
