News
21 December 2023

On.Energy closes finance for storage portfolio

In:
Power
Region:
Americas

On.Energy has closed a $40 million construction facility and permanent debt facilities for an 80MWh storage portfolio in Texas with financing provided by Live Oak Bank. The Palo Verde Projects are set to come online in Q3 of 2024 and will support the balancing of the ERCOT grid by providing...

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