Texas BESS portfolio — 730 MW / 1,049 MWh across 4 projects (ERCOT)
$315.7M financing for 4-project ERCOT BESS portfolio totaling 730 MW / 1,049 MWh. UBS Asset Management + Captona JV. Deutsche Bank and First Citizens as Co-Lead Arrangers; Société Générale, Siemens Financial Services, BankUnited, Mitsubishi HC Capital, BayernLB as participants.
$316M
Deal Value
730MW
Capacity
1,049MWh
Storage
Battery Storage
Technology
TX
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- UBS Asset Management / Captona JV
- Buyer / Financier
- Deutsche Bank, First Citizens (Co-Lead Arrangers); Société Générale, Siemens Financial Services, BankUnited, Mitsubishi HC Capital, BayernLB
- Deal Value
- $315.7M
- Stage
- Construction
- ISO/RTO
- ERCOT
- Source
- Energy Storage News
Finance Counterparties
Lenders & Capital Providers
- constructionDebtArrangers
- Deutsche BankFirst CitizensSociété GénéraleSiemens Financial ServicesBankUnitedMitsubishi HC CapitalBayernLB
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