Spearmint Energy Secures $92 Million Tax Equity Financing for Energy Storage Project

This represents one of the first uses of an Investment Tax Credit Structure by a Standalone BESS after IRA passage

October 23, 2023

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Spearmint Energy, an energy storage project developer, announced the successful closure of a $92 million tax equity investment for a 150 MW/300 MWh battery energy storage project in West Texas provided by Greenprint Capital Management, an investment firm.

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