FinancingClosedMarch 13, 2025

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

Finance Counterparties

Lenders & Capital Providers

lenders
KeyBanc, CoBank, DNB, US Bancorp Impact Finance, National Australia Bank, Bank of America, Nord/LB

Related Deals

Get deals like this in your inbox

Free weekly clean energy deal intelligence. Every Monday.

← Back to Deal Database