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Intersect Power Secures $837 Million In Project Financing To Build 1 Gwh Of Battery Energy Storage Systems (Bess) In Texas

Intersect Power announced the closing of two separate transactions representing an aggregate of $837 million of financing commitments for the construction and operation of three standalone Battery Energy Storage Systems (BESS) in Texas. The transactions cover portfolio-level construction debt, tax equity, and term debt financing with industry-leading partners. All three BESS — Lumina I, Lumina

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