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Jupiter Power Closes $174.6 Million Portfolio Debt Financing On Six Texas Battery Energy Storage Projects

Apr 19, 2022over 3 years ago
Austin

Description

Jupiter Power LLC ("Jupiter"), a leading developer and operator of utility-scale, battery energy storage systems, today announced the closing of a $174.6 million portfolio debt financing for six battery energy storage projects in the ERCOT market in Texas. KeyBank National Association ("KeyBank") provided the financing. Jupiter is backed by EnCap Investments L.P., Yorktown Partners, and Mercuria Energy.

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