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Enlight partners with HSBC and U.S. Bank for Atrisco Energy Storage Project
Jul 29, 2024•about 2 years ago
Contract Type
partnership
AlbuquerqueEnergyRenewable EnergySolarBiomass EnergyDescription
Enlight Renewable Energy Ltd. has closed the financing (the “financial close”) for the Energy Storage portion of its flagship Atrisco Solar and Energy Storage project, located outside Albuquerque, New Mexico, USA. The financing package for the energy storage portion of the project includes over $400 million of loans and tax equity arranged by HSBC and U.S. Bank.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months