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FinancingClosedResearch-sourcedJuly 17, 2024

Lumina II Solar Project

Intersect Power closed $837M in financing for three Texas battery systems including Lumina II (320 MWh); Morgan Stanley provided tax equity, HPS Investment Partners provided construction and term debt, and Deutsche Bank partnered in the construction debt facility.

$837M

Deal Value

486.6MW

Capacity

320MWh

Storage

Hybrid

Technology

TX

Location

Project: Lumina II Solar ProjectAsset profile →

Deal Details

Deal Type
Project finance debt and tax equity
Seller / Sponsor
Intersect Power
Buyer / Financier
Morgan Stanley, HPS Investment Partners and Deutsche Bank
Deal Value
$837M
Stage
operating
ISO/RTO
ERCOT

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