Honeycomb BESS Portfolio — 4x 80 MW battery storage systems (1,280 MWh total) using Tesla 4-hour batteries, Iron and Beaver Counties, Utah
20-year tolling agreement with PacifiCorp. Projects: Granite Mountain E, Enterprise Solar, Iron Springs, Escalante. Rosendin as EPC. $60M property/sales taxes over project life. COD expected 2026.
$605M
Deal Value
320MW
Capacity
1,280MWh
Storage
BESS
Technology
UT
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Clearway Energy Group
- Buyer / Financier
- KeyBanc, CoBank, DNB, US Bancorp Impact Finance, National Australia Bank, Bank of America, Nord/LB
- Offtaker
- PacifiCorp (Berkshire Hathaway Energy)
- Deal Value
- $605M
- Stage
- Construction
- ISO/RTO
- Western
- Source
- Clearway Energy Group
Finance Counterparties
Lenders & Capital Providers
- lenders
- KeyBanc, CoBank, DNB, US Bancorp Impact Finance, National Australia Bank, Bank of America, Nord/LB
Related Deals
Rosamond South I — 140 MW solar + 117 MW storage, Kern County, California
Clearway Energy Group → SocGen, ANZ, Siemens Financial, Commerzbank, CoBank, DNB, Nord/LB
$550M
Royal Slope Energy Center — 260 MW solar + 260 MW storage, Grant County, Washington (20-year PPA + ESA)
Clearway Energy Group
260 MW
Portfolio of 3 projects totaling 1.17 GW across Missouri (Swan Solar, solar), Texas (Goat Mountain Repower, wind), and West Virginia (Catamount Wind, wind)
Clearway Energy Group → Google
$2.4B total investment
SunZia Wind (3,515 MW) + SunZia Transmission (550-mile HVDC, 3,000 MW capacity) — largest clean energy infrastructure project in US history
Pattern Energy Group → Multiple (consortium)
$11B
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+
RWE's first US green bonds — two tranches of $1B each (10-year and 30-year maturities) to fund US renewable energy projects across 146 solar, onshore wind, and battery storage sites
RWE AG → Multiple (bond investors)
$2B
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.