Article 6YW8M Energy Storage Group Closes Financing for Texas BESS Project

Energy Storage Group Closes Financing for Texas BESS Project

by
Darrell Proctor
from POWER Magazine on (#6YW8M)

A global developer of grid-scale energy storage projects said it has closed project financing and completed a 10-year offtake agreement for a battery energy storage system (BESS) installation in Texas. Energy Vault, with headquarters in California and offices in Virginia, Switzerland, and Australia, on July 24 said the $18-million project financing for the Cross Trails [...]

The post Energy Storage Group Closes Financing for Texas BESS Project appeared first on POWER Magazine.

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