Norcap1 LLC

Norcap Battery Storage - Financing

Borrower(s)
Norcap1 LLC
Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

A series of preferred equity investments in a portfolio of four joint ventures Captona/Northleaf that will develop, construct and bring online utility-scale battery energy storage systems valued at approximately $870 million that generate more than $250 million of federal income tax credits. The...

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Deal Volume
$73m
Financial Close
02/07/2024
Dealmakers
Sources
Submitted by participant(s)

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Tranches

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Project Deals

Norcap Battery Storage
$870m
Greenfield
Battery storage
North America
North America
United States