Spearmint Energy Secures Over $250 Million Financing for 400 MWh of Battery Energy Storage

  • Last Updated on April 21, 2025

Spearmint Energy has successfully closed more than $250 million in financing for, and has begun construction of, Tierra Seca and Seven Flags, two 100 MW / 200 MWh Battery Energy Storage Systems (“BESS”) located in Del Rio and Laredo, respectively, within Texas’ ERCOT power market. The financing package comprises, in aggregate, $59 million in Construction-to-Term

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