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FinancingClosedApril 7, 2026

Conduit Power ERCOT Distributed Generation Portfolio — $200M equipment financing facility (200 MW hybrid gas + battery, modular 50 MW blocks, ERCOT Load Zone West, TX)

Conduit Power and Eldridge Capital Management announced a $200M master equipment lease / equipment financing facility for Conduit's 200 MW distributed hybrid generation portfolio in ERCOT Load Zone West (Texas). Projects are modular 50 MW blocks combining dispatchable natural gas with battery storage, targeting ERCOT ancillary services and capacity markets. Conduit Power is a dispatchable generation developer; Eldridge Capital is the investment firm of Todd Boehly (LA Dodgers owner).

$200M

Deal Value

200MW

Capacity

Hybrid (Gas + Battery Storage)

Technology

TX

Location

Deal Details

Deal Type
Equipment Financing
Seller / Sponsor
Conduit Power
Buyer / Financier
Eldridge Capital Management
Deal Value
$200,000,000
Stage
Development / Construction
ISO/RTO
ERCOT

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