FinancingClosedFebruary 9, 2026

28 distributed BESS projects across New York City — 124 MW / 494 MWh — powering 100,000+ households at peak

Construction-to-term loan, tax-credit-transfer bridge loan, and LC facility. Natixis CIB as sole lead arranger and bookrunner. NineDot has raised $1B+ total for NYC metro battery storage. 28 BESS projects reaching COD through end 2027. Targeting 400 MW by end 2026; 1.6 GWh across 5 boroughs by 2028. 3,000+ jobs, $3.5B lifetime economic output. Prior: $65M equipment financing from First Citizens Bank (Jan 2025); $175M revolving from Deutsche Bank.

$431M

Deal Value

124MW

Capacity

494MWh

Storage

BESS

Technology

NY

Location

Deal Details

Deal Type
Project Finance
Seller / Sponsor
NineDot Energy
Buyer / Financier
Natixis Corporate & Investment Banking
Deal Value
$431M
Stage
Construction
ISO/RTO
NYISO

Finance Counterparties

Lenders & Capital Providers

soleLeadArranger
Natixis Corporate & Investment Banking
bookrunner
Natixis Corporate & Investment Banking

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