Vertus Energy Storage

200MW Vertus BESS Project - Financing

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

Deal Overview

Project financing has been secured for a 200MW / 400MWh Battery Energy Storage System (BESS) in the Electric Reliability Council of Texas (ERCOT) market. Sponsors Alpha Omega Power and Fengate Capital Management have closed a $181.4M loan to support the project’s development and operations.

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Deal Volume
$187.78m
Financial Close
28/02/2025
Dealmakers
Sources
Submitted by participant(s)

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Tranches

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Project Deals

200MW Vertus BESS Project
$186.43m
Greenfield
Battery storage
North America
North America
United States