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14 Jun
14:38

Spearmint secures $200m loan for 4 Texas battery storage projects

Battery storage developer Spearmint Energy says it has secured a $200 million term loan to develop its battery storage portfolio in Texas, Kallanish reports. The Florida-based energy company has closed the credit facility with New Jersey-based Aiga Capital Partners. The credit facility will support Spearmint’s development of a 1.2 gigawatt/2.4 GWh battery storage in the ERCOT power market in Texas. That portfolio includes the 300-megawatt-hour battery storag…
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