News
07 February 2024

Spearmint closes $47.5m loan from Manulife

In:
Power
Region:
Americas

Spearmint Energy has closed a $47.5 million project finance term loan from Manulife to support commercial operation of its Revolution storage project.The 150MW/300MWh battery energy storage system (BESS) project is located in West Texas’ ERCOT power market. The close of the project finance...

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


Analysis
17 February 2026

Battery bonds: Financing Brazil’s manufacturing transition

Existing financing tools are not powerful enough to support the development of projects integrated into electrification’s complex supply chains. Brazil is encouraging the...

Video
23 February 2026

Blue Energy: A novel take on SMR bankability

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.