Jupiter Power closes Debt Financing on Six Texas Battery Energy Storage Projects
Jupiter Power announced the closing of a $174.6 million portfolio debt financing for six battery energy storage projects in the ERCOT market in Texas. Jupiter is backed by EnCap Investments. Yorktown Partners, and Mercuria Energy. Four of the battery energy storage projects are operating, including the recently announced Flower Valley II 200MWh project. The remaining two projects, each 200MWh, are currently in commissioning. At over 650MWh, Jupiter has the leading stand-alone energy storage portfolio in ERCOT.
McCoy Energy Storage Project IDs: 76205, 76206, & 76207