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FinancingClosedFebruary 12, 2025

Peregrine Energy Storage — 200 MW / 400 MWh standalone BESS, Barrio Logan, San Diego, California (CAISO)

$179M debt package bridging to preferred equity + tax credit transfer takeout. Located in Barrio Logan adjacent to existing San Diego load center. Long-term contract with San Diego Community Power.

$258M

Deal Value

200MW

Capacity

400MWh

Storage

Battery Storage

Technology

CA

Location

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Arevon Energy
Buyer / Financier
Multiple
Deal Value
$258M
Stage
Construction
ISO/RTO
CAISO

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