News
19 June 2024

Recurrent's Papago BESS financing closed

In:
Power
Region:
Americas
By Sean Keating

Recurrent Energy has started construction on its 300MW/1200MWh Papago BESS project in Maricopa County, Arizona.Financing for the project was signed in early May. Structured via borrowing vehicle RE Papago LLC, the $513 million of debt is split between three tranches: a $284 million...

Exclusive subscriber content…

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

Login

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

You might also like

Mogobe BESS: South Africa's standalone storage debut
Perspective
15 November 2024

Mogobe BESS: South Africa's standalone storage debut

The Mogobe BESS project financing is a crucial first step for South Africa's BESIPPPP standalone storage procurement model. The deal demonstrates the need for lenders to...

How digital infrastructure investors can manage power demand
Perspective
19 November 2024

How digital infrastructure investors can manage power demand

Power availability for data centres has emerged as the key issue facing digital infrastructure investors. Meeting that demand will require ingenuity and careful planning. By...

Must See

Proximocast: 20 minutes with Neha Jatar, EQT Group
Video
29 October 2024

Proximocast: 20 minutes with Neha Jatar, EQT Group

Proximo talks to Neha Jatar, a managing director at EQT Group, about the energy transition in industries that are complex to decarbonise, including sectors such as transport and data centres.

Perspective
15 November 2024

Mogobe BESS: South Africa's standalone storage debut

The Mogobe BESS project financing is a crucial first step for South Africa's BESIPPPP standalone storage procurement model. The deal demonstrates the need for lenders to consider technology risk and the requirement for ongoing maintenance when financing BESS projects.

Perspective
19 November 2024

How digital infrastructure investors can manage power demand

Power availability for data centres has emerged as the key issue facing digital infrastructure investors. Meeting that demand will require ingenuity and careful planning. By François Feuillat and Ro Lazarovitch, partners, and Rachel Strickland, associate, Bracewell.

Events

Americas 2025: Agency, Energy & Infrastructure Finance
Conference
Mar 31 - Apr 2, 2025

Americas 2025: Agency, Energy & Infrastructure Finance

Get ready to spice up your pipeline - join us in Miami to blaze a trail with the biggest dealmakers in the industry.

View more
Middle East & Africa 2025: Agency, Energy & Infrastructure Finance
Conference
Apr 14 - Apr 17, 2025

Middle East & Africa 2025: Agency, Energy & Infrastructure Finance

We're bringing the Middle East and Africa together for one mega event—the Middle East & Africa Congress! More connections, more opportunities, all in one place

View more
Request access to Proximo Intelligence