FinancingClosedSeptember 18, 2024

Prospect Power Storage — 150 MW / 600 MWh standalone BESS in Rockingham County, Virginia (largest BESS in PJM at announcement)

Largest battery storage project in PJM service area at time of announcement. Joint coordinating lead arrangers: Truist Securities, CIBC, KeyBank, and Natixis.

$242M

Deal Value

150MW

Capacity

600MWh

Storage

BESS

Technology

VA

Location

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Swift Current Energy
Buyer / Financier
Truist Securities / CIBC / KeyBank / Natixis
Deal Value
$242M
Stage
Construction
ISO/RTO
PJM

Finance Counterparties

Lenders & Capital Providers

leadArrangers
Truist SecuritiesCIBCKeyBankNatixis

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