Cottage Grove BESS — 80 MW / 320 MWh standalone battery energy storage co-located with the 265 MW Cottage Grove cogen plant in MISO Zone 1, Minnesota
QIC provided a $33M HoldCo debt facility for an 80 MW / 320 MWh standalone BESS co-located with the Cottage Grove cogen plant in MISO Zone 1; backed by a long-term tolling agreement. One of the first MISO-region storage HoldCo deals of 2026.
$33M
Deal Value
80MW
Capacity
320MWh
Storage
BESS
Technology
MN
Location
Deal Details
- Deal Type
- Project Finance — HoldCo Debt
- Seller / Sponsor
- PanCentral / CGC Holdings
- Buyer / Financier
- QIC
- Deal Value
- $33M
- Stage
- Construction / Pre-COD
- ISO/RTO
- MISO
- Source
- IPE Real Assets
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