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Spearmint Energy secures Elda River Capital $200 m for BESS

Last Update 24 July 2024

Spearmint Energy, a leading BESS developer, secures a $200m credit facility with Elda River Capital Management joining Nuveen and Aiga. The loan supports their 4.1GW BESS portfolio, including significant Texas projects. Elda River praises Spearmint's leadership in utility-scale BESS, aiming to bolster its role in the energy transition alongside industry growth trends in the US.

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