Desert Willow Energy Storage
esVolta secured a $243 million preferred equity investment from Captona for three standalone battery energy storage projects including Desert Willow.
$243M
Deal Value
150MW
Capacity
300MWh
Storage
BESS
Technology
TX
Location
Deal Details
- Deal Type
- Preferred equity
- Seller / Sponsor
- esVolta
- Buyer / Financier
- Captona
- Deal Value
- $243M
- Stage
- operating
- ISO/RTO
- ERCOT
- Source
- PR Newswire
Related Deals
esVolta — utility-scale BESS developer (>900 MWh operational/contracted across TX, AZ, MT, CA, VA, CO, WA, NM)
esVolta founders + investors → Generate Capital
Texas BESS portfolio — 730 MW / 1,049 MWh across 4 projects (ERCOT)
UBS Asset Management / Captona JV → Deutsche Bank, First Citizens (Co-Lead Arrangers); Société Générale, Siemens Financial Services, BankUnited, Mitsubishi HC Capital, BayernLB
$315.7M
Boxcar Battery Energy Storage System — 300 MWh / 150 MW BESS, Wylie, Texas (ERCOT)
esVolta → MUFG Bank (lead lender); Generate Capital
$140M
REE Automotive — modular EV "REEcorner" platform for fleets
REE Automotive (NASDAQ: REE) → 10X Capital Venture + $300M PIPE
$3.1B combined value; >$500M proceeds (incl. $300M PIPE)
Microvast — Li-ion battery systems for EVs and energy storage (ultra-fast charging, high cycle life)
Microvast Inc. → Tuscan Holdings Corp.
$3B (pro forma equity)
Mira Loma Battery Storage Facility — 20 MW / 80 MWh Li-ion (~400 Tesla Powerpacks)
Tesla → Southern California Edison
20 MW
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.