Atlas VIII BESS (382.4 MW / 1,529.6 MWh) — Arizona
TransGrid $515M BESS tax capital ($165M tax equity + $350M ITC transfer). CRC-IB as FA.
$515M
Deal Value
382MW
Capacity
1,530MWh
Storage
BESS
Technology
AZ
Location
Deal Details
- Deal Type
- Tax Equity & Tax Credits
- Seller / Sponsor
- TransGrid Energy
- Buyer / Financier
- Multiple
- Deal Value
- $515M
- Stage
- Unknown
- ISO/RTO
- WECC
- Source
- Industry Source
Capital Structure
$1.20B
Total transaction value
Tranches
- Debt Financing
- $656M
- Hybrid Tax Equity · Major US financial institution (unnamed)
- $165M
- Tax Credit (ITC) Transfer · Three tax credit purchasers (unnamed)
- $350M
Service Providers
Advisory & Legal
- Financial Advisor
- CRC-IB
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