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Home » Energy Storage » Intersect Power Secures $837 Million for Texas Battery Energy Storage Projects
Energy Storage

Intersect Power Secures $837 Million for Texas Battery Energy Storage Projects

By David MartinezJuly 19, 20241 Min Read
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Credit: Business Wire
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Intersect Power LLC, a prominent US clean energy company, has confirmed securing USD 837 million (EUR 765.5m) in financing commitments for the construction and operation of three standalone Battery Energy Storage Systems (BESS) in Texas. This announcement was made on Wednesday, highlighting the significant investment aimed at enhancing grid reliability and supporting renewable energy integration.

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Battery BESS projects Energy Storage Funding Inflation Reduction Act Intersect Power Morgan Stanley Renewable energy United States
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