Papago BESS Class B, LLC

300MW Papago BESS – Upsize Financing

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

Deal Overview

Upsize financing for a 300 MW / 1,200 MWh battery energy storage system (BESS) in Maricopa County, Arizona, United States, which has been operational since May 2025, including a $16.5 million upsize of the term loan and a $2.3 million upsize of the DSR letter of credit facility.

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Deal Volume
$18.8m
Financial Close
16/01/2026
Dealmakers
Sources
Submitted by participant(s)

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Tranches

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Project Deals

300MW Papago Battery Energy Storage System Project
$532.11m
Greenfield
Battery storage
North America
North America
United States