Fort Duncan Storage — 200 MWh merchant BESS, Maverick County, Texas
Nord/LB-led $112M project finance (construction + term loan + TC bridge + LC) plus $71M Greenprint Capital tax equity partnership. Merchant storage. e-STORAGE supplying LFP batteries. Burns & McDonnell as EPC.
$183M
Deal Value
100MW
Capacity
200MWh
Storage
BESS
Technology
TX
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Recurrent Energy (Canadian Solar)
- Buyer / Financier
- Nord/LB (project debt), Greenprint Capital (tax equity)
- Deal Value
- $183M
- Stage
- Under Construction
- ISO/RTO
- ERCOT
- Source
- Recurrent Energy
Capital Structure
$183M
Total transaction value
Finance Counterparties
Lenders & Capital Providers
- Lead Arranger
- Nord/LB
- taxEquityInvestor
- Greenprint Capital
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