Duffy BESS — 235 MW / 470 MWh lithium-ion battery storage, Matagorda County, Texas
DESRI signed preferred equity financing agreement with Linea Energy for Duffy BESS. Debt structure (closed December 2025) includes construction-to-term loan, tax equity bridge, and LC facility led by NORD/LB as coordinating lead arranger with Societe Generale and SMBC as joint lead arrangers.
Deal Value
235MW
Capacity
470MWh
Storage
BESS
Technology
TX
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Linea Energy
- Buyer / Financier
- DESRI (preferred equity)
- Stage
- Under Construction
- ISO/RTO
- ERCOT
- Source
- PR Newswire / DESRI
Service Providers
Advisory & Legal
- Sponsor Counsel
- Orrick, Herrington & Sutcliffe
- Investor Counsel
- King & Spalding
Finance Counterparties
Lenders & Capital Providers
- equityInvestor
- DESRI
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