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Jupiter Power Secures $1.4 Billion in Project Financing for Ten Utility-Scale Battery Energy Storage Projects. This financing will support projects in Texas and Michigan, showcasing the strong demand for its energy storage solutions.

PRIVATESep 16, 2026•about 3 hours ago

Amount Raised

$1.4 Billion

Round Type

Venture - Series Unknown

AustinSustainabilityNatural Resources

Investors

SmbcHsbc Bank Us, N.A.

Description

Jupiter Power LLC announced the closing of $1.4 billion in financing for ten utility-scale battery energy storage projects. This includes senior secured project debt and tax equity bridge loans, highlighting the institutional appetite for its energy storage platform. The financing supports projects totaling 1,500 MW / 3,600 MWh of capacity. Since its inception, the company has closed over $3 billion in total financings.

Company Information

Company

Jupiter Power

Location

Austin, Texas, United States

About

Jupiter is a leading energy storage independent power producer with deep trading, analytics, development, finance, operations, and construction capabilities, and unparalleled intellectual property in dispatch optimization. Jupiter is backed by EnCap Investments L.P., Yorktown Partners, and Mercuria Energy, and has offices in Austin, Texas, and Chicago, Illinois. For more information on Jupiter Power, LLC, please visit our Twitter, LinkedIn, or Facebook pages or www.jupiterpower.io

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