AES details $154M financing for sPower’s Luna Storage project in southern California:
AES Corp. announced that a recently acquired subsidiary has closed on $154.2 million in debt financing for 400-MWh energy storage project in Los Angeles County. sPower had closed on the funding for Luna Storage late last year. In January, AES Corp merged with sPower and incorporated it into the AES clean energy business in the U.S.
McCoy Energy Storage Project ID: 76544