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
- Under Construction
- ISO/RTO
- WECC
- Source
- Clearway Energy Group
Capital Structure
$605M
Total transaction value
Finance Counterparties
Lenders & Capital Providers
- lenders
- KeyBanc, CoBank, DNB, US Bancorp Impact Finance, National Australia Bank, Bank of America, Nord/LB
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