Tumbleweed Energy

125MW Tumbleweed Energy Lithium-Ion BESS Project - Financing

Borrower(s)
Tumbleweed Energy
Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Tumbleweed Energy, LLC, an SPV, formed by Rev Renewables, LLC, has secured a $140 million loan to construct, own, and operate a 125MW lithium-ion battery energy storage system (BESS), located in California. Proceeds from the Facilities will be used to (i) fund Project capital expenses; (ii) general...

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Deal Volume
$140.85m
Financial Close
17/05/2024
Dealmakers
Sources
Submitted by participant(s)

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Project Deals

125MW Tumbleweed Energy Lithium-Ion BESS Project
$140m
Greenfield
Battery storage
North America
North America
United States