Strata Fund 37 HoldCo, LLC

255MW/1,020MWh Scatter Wash Battery Storage Project - Financing

Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Strata Clean Energy has closed on a $551.5 million financing for the construction and ownership of the 1GWh Scatter Wash battery storage complex in Arizona. The 255MW/1,020MWh battery is expected to be operational by April 2025. Strata signed a 20-year tolling agreement for the project with Arizona...

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Deal Volume
$551.57m
Financial Close
21/02/2024
Dealmakers
Sources

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Project Deals

255MW Scatter Wash Battery Storage Project
$929.86m
Greenfield
Battery storage
North America
North America
United States