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Enfinity Global expands Texas battery storage with 425 MW projects

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  Enfinity Global Inc. has announced the expansion of its battery energy storage systems (BESS) portfolio with two new projects in Texas, totalling 425 MW of power capacity and 850 MWh of storage.  Construction is set to begin in the second and fourth quarters of 2025. These projects increase Enfinity’s U.S. BESS pipeline to 6.6 GW and align with its investment of over $7 billion, expected to create more than 5,000 construction jobs in the…

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On.Energy secures funding for 160 MWh battery storage in Texas

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  On.Energy has closed construction credit facilities with Pathward and BridgePeak Energy Capital to develop its 160 MWh Palo de Agua battery storage portfolio in Texas.  The financing supports On.Energy’s expansion in the United States, adding to its 80 MWh of operational assets in Houston and a pipeline of over 2 GWh of battery storage set for activation by 2028 across California, Texas, and Mexico. CEO Alan Cooper highlighted that the company has structured project…

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Origis Energy secures $415 million financing for Swift Air Solar project in Texas

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US renewable energy company Origis Energy has secured a $415 million financing package for the Swift Air Solar project in Ector County, Texas.  The package includes $290 million in construction and term debt from Natixis Corporate & Investment Banking, which also acted as the hedging bank, LC issuer, green loan coordinator, and administrative agent. Advantage Capital contributed $125 million in tax equity for the project. Swift Air Solar, expected to begin commercial production by mid-2025,…

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CPS Energy partners with OCI Energy for 120MW BESS in Texas

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CPS Energy has teamed up with OCI Energy to develop a 120MW/480MWh battery energy storage system (BESS) in southeastern Bexar County, Texas.  The Alamo City ESS LLC project is set to be operational by late 2026.  OCI Energy will handle the development, financing, construction, ownership, and operation of the system, while CPS Energy will maintain operational control to ensure the electrical demand in the San Antonio region is met. The partnership will also benefit the…

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ACCIONA Energía acquires 300 MW of wind capacity in Texas

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ACCIONA Energía has acquired two wind farms in Texas, Green Pastures I and Green Pastures II, each with a capacity of 150 MW.  Located in Baylor and Knox Counties, these fully operational projects were acquired from private asset management firms for $202.5 million, boosting ACCIONA’s total installed capacity in the US. The two wind farms are integrated into the Electric Reliability Council of Texas (ERCOT) grid, which handles 90% of Texas’s electricity. Together, they will…

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Engie signs 90 MW PPA with Google for Chillingham solar project in Texas

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Engie North America has entered into a power purchase agreement (PPA) with Google to supply renewable energy from its 200 MW Chillingham solar project in Bell County, Texas. This 90 MW PPA will support Google’s 24/7 carbon-free energy goal by powering its Texas operations with clean energy. The agreement, facilitated by LevelTen Energy’s LEAP program, aims to streamline clean energy PPA sourcing for corporate buyers like Google. Expected to come online in late 2024, the…