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FinancingClosedResearch-sourcedAugust 21, 2023

Atrisco Energy Storage

Enlight Renewable Energy closed financing for the Atrisco Energy Storage project (1.2 GWh BESS) near Albuquerque, New Mexico, with a $401 million construction loan from an eight-bank consortium led by HSBC converting to a $185 million term loan plus $222 million of tax equity from U.S. Bancorp Impact Finance.

300MW

Capacity

1,200MWh

Storage

BESS

Technology

NM

Location

Project: Atrisco Energy StorageAsset profile →

Deal Details

Deal Type
Construction loan and tax equity
Seller / Sponsor
Enlight Renewable Energy
Buyer / Financier
HSBC-led bank consortium / U.S. Bancorp Impact Finance
Deal Value
Undisclosed
Stage
operating
ISO/RTO
WECC

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