NextEra closes on BESS portfolio financing

In:

Power

Region:

Americas

By Sean Keating

NextEra Energy Resources has closed on financing for a 623MW portfolio of three recently built battery energy storage systems (BESS) projects located in California and Arizona.Structured via borrowing vehicle Mango Palms Holdings LLC, the deal comprises a $409 million five-year term loan provided by...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

NEP and NZT Power: A global debut for CCS project financings

Perspective

14 February 2025

NEP and NZT Power: A global debut for CCS project financings

The UK's framework for supporting carbon capture projects has been over a decade in the making, but has finally led to a successful project financing for the NEP and NZT Power...

Private credit expands - but finds room for banks

Perspective

20 February 2025

Private credit expands - but finds room for banks

What the agreement between Apollo and Standard Chartered says about the role of private credit in global infrastructure finance.

Must See

Podcast: Harding on Trump, tariffs and trade wars

Video

10 February 2025

Podcast: Harding on Trump, tariffs and trade wars

Proximo spoke with Dr. Rebecca Harding, an independent trade economist and founder of strategic advisory business, Rebeccanomics to discuss how Trump’s renewed trade wars, from his tariffs to the reimposition of sanctions, will impact trade flows and the global economy.

Perspective

14 February 2025

NEP and NZT Power: A global debut for CCS project financings

The UK's framework for supporting carbon capture projects has been over a decade in the making, but has finally led to a successful project financing for the NEP and NZT Power projects. The model makes the projects bankable, while still requiring lenders to take on the technology risk associated with an entirely new asset class.

Perspective

20 February 2025