Swift Current Energy has secured $242 million in project financing for its Prospect Power storage facility, which will be the largest battery storage project in PJM. The funding was arranged by Truist Securities, CIBC, KeyBank, and Natixis.
Amount Raised
$242 Million
Round Type
Funding Round
BostonEnergyRenewable EnergyRenewables & EnvironmentInvestors
Description
Swift Current Energy announced that it has secured $242 million in project financing for its 150 MW / 600 MWh Prospect Power Storage facility in Virginia. The project, which is expected to reach commercial operation in 2026, aims to support local grid reliability. An investment from the project is anticipated to generate significant tax revenue for the Rockingham County community. Swift Current Energy expresses gratitude to its banking partners and the local community for their support.
Quick answer
Swift Current Energy raised $242 Million in a Funding Round round, dated September 4, 2025. Investors: KeyBank, Truist Securities, Natixis and Canadian Imperial Bank Of Commerce. Swift Current Energy is based in Boston, Massachusetts, United States.
- How much did Swift Current Energy raise?
- Swift Current Energy raised $242 Million in a Funding Round round on September 4, 2025.
- Who invested in Swift Current Energy?
- KeyBank, Truist Securities, Natixis and Canadian Imperial Bank Of Commerce are named as investors in this round.
- What does Swift Current Energy do?
- Swift Current Energy is investing in renewable energy to create a sustainable future.
- Where is Swift Current Energy based and how big is it?
- Swift Current Energy is based in Boston, Massachusetts, United States. Fundz records about 110 employees.
- Who are the decision-makers at Swift Current Energy?
- Fundz holds 1 contact at Swift Current Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Swift Current Energy that raised within 45 days of this round, from Fundz verified event records.
- Delta Green raised $2.3M (Funding Round) on October 15, 2025.
- GEVI raised $3.1M (Seed) on October 14, 2025.
- New Energy Opportunities raised $22M (Convertible Note) on October 9, 2025.
- Hysun raised $3.5M (Seed) on October 3, 2025.
- Factor2 Energy raised $9.1M (Seed) on September 19, 2025.
- GridStrong raised $10M (Seed) on September 17, 2025.
Who to call at Swift Current Energy, and when
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- An alert the day Swift Current Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Swift Current Energy, from your own LinkedIn network
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Related People
Swift Current Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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