Atlas IX
TransGrid Energy secured over $1.4 billion in financing for a 450 MW/1,800 MWh Arizona battery storage portfolio comprising the Atlas VII and Atlas IX projects, including $705 million debt, $270 million tax equity and a tax credit transfer.
$1.40B
Deal Value
150MW
Capacity
600MWh
Storage
BESS
Technology
AZ
Location
Deal Details
- Deal Type
- Portfolio debt and tax equity
- Seller / Sponsor
- TransGrid Energy
- Buyer / Financier
- Societe Generale
- Deal Value
- $1.4B
- Stage
- operating
- ISO/RTO
- CAISO
- Source
- Qcells press release
Related Deals
Plus Power utility-scale BESS portfolio
Plus Power → Deutsche Bank, Societe Generale, Foss & Company
$1.8B
Serrano — 220 MWdc solar + 214 MWac / 855 MWh storage, Pinal and Pima Counties, Arizona
Longroad Energy → CIBC (lead), Societe Generale
220 MW
Clenera solar and storage portfolio
Clenera → Societe Generale
$2.29B
Scatter Wash Energy Storage — 255 MW / 1,020 MWh standalone BESS, Maricopa County, Arizona
Strata Clean Energy (Blackstone portfolio company) → J.P. Morgan, Nomura (CLAs); U.S. Bancorp Impact Finance, CoBank
$559M (debt + tax equity)
Papago Storage — 1,200 MWh battery energy storage project in Maricopa County, Arizona
Recurrent Energy → MUFG, Nord/LB
$513M
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.