Vertus Energy Storage Plant
Fengate and Alpha Omega Power reached financial close on the 200MW/400MWh Vertus Energy Storage project in Galveston County, with tax equity from First Citizens Bank and East West Bank and construction debt from MUFG, NordLB and National Bank of Canada.
200MW
Capacity
BESS
Technology
TX
Location
Deal Details
- Deal Type
- Construction debt and tax equity
- Seller / Sponsor
- Alpha Omega Power
- Buyer / Financier
- MUFG Bank
- Deal Value
- Undisclosed
- Stage
- development
- ISO/RTO
- ERCOT
- Source
- Company press release
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