Intersect Secures $837M in Financing to Build 1 GWh Texas BESS

17, Jul 2024

Intersect Power has closed on two separate transactions totaling $837 million in financing commitments for the construction and operation of three standalone battery energy storage systems (BESS) in Texas. The transactions cover portfolio-level construction debt, tax equity and term debt financing with the company’s partners. The Lumina I, Lumina II and Radian BESS are expected […]