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Esvolta Secures Tax Equity Investment From U.S. Bank For Energy Storage Project In California

PRIVATENov 09, 2023

Round Type

Venture

Newport BeachEnergyOil And GasRenewable Energy

Investors

U.S. Bancorp Impact Finance

Description

esVolta, LP, a leading developer, owner and operator of utility-scale battery storage projects in North America, today announced that it has closed a tax equity investment with U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank, to finance its Santa Paula Energy Storage project.

Quick answer

esVolta raised an undisclosed amount in a funding round, dated November 9, 2023. Investors: U.S. Bancorp Impact Finance. esVolta is based in Newport Beach, California, United States.

How much did esVolta raise?
esVolta raised an undisclosed amount in a funding round on November 9, 2023.
Who invested in esVolta?
U.S. Bancorp Impact Finance is named as investors in this round.
What does esVolta do?
esVolta, LP, founded in 2017, is a leading developer, owner, and operator of utility-scale energy storage projects across the United States.
Where is esVolta based and how big is it?
esVolta is based in Newport Beach, California, United States. Fundz records about 104 employees.
Who are the decision-makers at esVolta?
Fundz holds 2 contacts at esVolta. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as esVolta that raised within 45 days of this round, from Fundz verified event records.

  • Sage Geosystems raised $45M on December 21, 2023.
  • International Battery Metals raised $420K (Seed) on December 8, 2023.
  • Oxford Quantum Circuits raised $100M (Funding Round) on November 27, 2023.
  • Zefiro Methane Corp raised $98K (Seed) on November 17, 2023.
  • Advent Technologies Holdings raised an undisclosed amount (Funding Round) on November 16, 2023.
  • Granular Energy raised $7.9M (Funding Round) on October 2, 2023.

Who to call at esVolta, and when

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Company Information

Company

esVolta

Location

Newport Beach, California, United States

About

esVolta, LP, founded in 2017, is a leading developer, owner, and operator of utility-scale energy storage projects across the United States. With a combined 1.4 GWh of operational and in-construction storage capacity, the company is actively building a robust pipeline of future projects to support the nation’s clean energy transition. As a portfolio company of Generate Capital, PBC—a prominent sustainable infrastructure firm—esVolta plays a critical role in advancing reliable, grid-scale energy solutions.

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2 contacts
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