News
06 February 2025

TransGrid Energy secures $1.4bn for Arizona BESS projects

In:
Power
Region:
Americas

TransGrid Energy has secured $1.4 billion in financing to support a 450MW/1,800MWh portfolio of stand-alone battery storage projects in La Paz County, Arizona.This includes closing $705 million in debt financing and executing documentation for a $270 million tax equity financing commitment and a tax...

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


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...

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.