Plus Power jolts US standalone storage market with $1.8bn multi-project financing deal

Transaction includes largest backing for a single project as banks see opportunity in fast-growth storage

Construction underway at the Sierra Estrella Energy Storage project in Avondale, Arizona, which just received the largest financing package for a single standalone energy storage project, worth $707m.
Construction underway at the Sierra Estrella Energy Storage project in Avondale, Arizona, which just received the largest financing package for a single standalone energy storage project, worth $707m.Foto: Plus Power
Published 17 October 2023, 19:09Updated 20 October 2023, 12:58