Scatter Wash Energy Storage — 255 MW / 1,020 MWh standalone BESS, Maricopa County, Arizona
$559M total: J.P. Morgan and Nomura as CLAs on debt; U.S. Bancorp Impact Finance and CoBank participating. 20-year tolling agreement with Arizona Public Service. Among largest standalone BESS financings of 2024.
$559M
Deal Value
255MW
Capacity
1,020MWh
Storage
Battery Storage
Technology
AZ
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Strata Clean Energy (Blackstone portfolio company)
- Buyer / Financier
- J.P. Morgan, Nomura (CLAs); U.S. Bancorp Impact Finance, CoBank
- Deal Value
- $559M (debt + tax equity)
- Stage
- Construction
- ISO/RTO
- Western
- Source
- Energy Storage News
Finance Counterparties
Lenders & Capital Providers
- constructionDebtArrangers
- J.P. MorganNomuraU.S. Bancorp Impact FinanceCoBank
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