Hecate Grid Energy Storage

Hecate Grid Energy Storage - Financing

Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Hecate Grid has closed a 4-year $125 million Letter of Credit (LC) facility, which will be used to finance interconnection and offtake security for Hecate Grid's portfolio of more than 30 standalone energy storage projects. Hecate Grid is a joint venture between an InfraRed Capital Partners...

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Deal Volume
$125m
Financial Close
18/06/2024
Dealmakers
Sources

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Tranches

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Project Deals

Hecate Grid Energy Storage Portfolio
$125m
Greenfield
Battery storage
North America
North America
United States