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Intersect Power Secures $837 Million for Texas BESS


Last Update 18 July 2024

Intersect Power, a US solar PV and energy storage developer, secured $837 million in financing for three battery energy storage system (BESS) projects in Texas. Each project features 320MWh capacity and aims to enhance grid reliability and energy security. Morgan Stanley and HPS Investment Partners are key financiers, supporting Intersect Power's transition to a low-carbon economy.

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