News
20 June 2024

MUFG provides letter of credit for Hecate Grid

In:
Power
Region:
Americas

Hecate Grid has announced the recent closing of a 4-year $125 million Letter of Credit (LC) facility with Mitsubishi UFJ Financial Group (MUFG).The facility will be used to finance interconnection and offtake security for Hecate Grid's portfolio of more than 30 standalone energy storage...

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