Madero + Ignacio BESS — 200 MW battery energy storage, Texas (ERCOT)
$315M green loan + $75M revolver. Santander as lead; six-bank syndicate. Builds on Eolian's earlier $500M Mizuho-led financing for Borderlands BESS portfolio. Predecessor to Padua expansion (Oct 2025 $463M).
$390M
Deal Value
200MW
Capacity
Battery Storage
Technology
TX
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Eolian
- Buyer / Financier
- Santander (lead), MUFG, NAB, Natixis, Lloyds, SMBC
- Deal Value
- $390M ($315M green loan + $75M revolver)
- Stage
- Construction
- ISO/RTO
- ERCOT
- Source
- Energy Storage News
Finance Counterparties
Lenders & Capital Providers
- constructionDebtArrangers
- SantanderMUFGNABNatixisLloydsSMBC
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