Cranberry Point Energy Storage
Plus Power closed $133 million in debt financing for the 150 MW / 300 MWh Cranberry Point standalone battery storage project, with First Citizens Bank and Nord LB as coordinating lead arrangers and Investec and Siemens Financial Services as joint lead arrangers.
$133M
Deal Value
150MW
Capacity
300MWh
Storage
BESS
Technology
MA
Location
Deal Details
- Deal Type
- Construction-to-term loan
- Seller / Sponsor
- Plus Power
- Buyer / Financier
- First Citizens Bank
- Deal Value
- $133M
- Stage
- operating
- ISO/RTO
- ISO-NE
- Source
- Plus Power press release
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