Lower Rio Energy Storage

Orion Solar Belt — 1.3 GW portfolio of 4 utility-scale solar projects (Orion I, Eiffel, Orion II, Orion III), Milam County, TX — 875 MWdc using 1.3M American-made First Solar modules

SB Energy Global (SoftBank / Ares Management) → J.P. Morgan, Bank of America, Morgan Stanley Renewables, Truist Bank, MUFG, Mizuho Americas, ING, SMBC, CIBC, Fifth Third Bank, Société Générale

$2.4B+

Enel Green Power NA geothermal and solar portfolio — Cove Fort (UT), Stillwater & Salt Wells (NV), solar assets (CT)

Enel Green Power North America → Ormat Technologies

$271M

Sage Geosystems $97M+ Series B — Pressure Geothermal power + long-duration energy storage

Sage Geosystems → Ormat Technologies ($25M, co-lead), Carbon Direct Capital (co-lead), Exa, Nabors, alfa8, Arch Meredith, Abilene Partners, Cubit Capital, Ignis H2 Energy, SiteGround Capital, UC Berkeley Foundation Climate Solutions Fund

$97M+

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