M&AClosedMarch 31, 2026

Roccasecca Battery Energy Storage Project — 127 MW / 506 MWh standalone BESS, Boulder City, Nevada

IOWN Energy facilitated the sale of Roccasecca BESS (127 MW / 506 MWh) from Eolus North America to DESRI. Transaction closed February 13, 2026; announcement published March 31, 2026. Concurrent $290M+ senior secured credit facilities (construction + term) arranged by Zions, Société Générale, Intesa Sanpaolo, and BayernLB as coordinating and joint lead arrangers. 15-year tolling agreement executed (counterparty undisclosed). Project currently under construction; COD expected 2026.

$290M

Deal Value

127MW

Capacity

506MWh

Storage

Battery Storage

Technology

NV

Location

Deal Details

Deal Type
Project Sale + Financing
Seller / Sponsor
Eolus North America, Inc.
Buyer / Financier
DESRI (D.E. Shaw Renewable Investments)
Deal Value
~$290M senior secured debt (acquisition price undisclosed)
Stage
Construction
ISO/RTO
Western

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