Jupiter Power in Austin, Texas, today announced the closing of $1.4 billion in financing across four separate transactions, supporting two utility-scale battery energy storage system (BESS) projects in Michigan and eight more in Texas.
The two Michigan projects are located in Saline Township, south of Ann Arbor, and Coldwater Township, southeast of Kalamazoo.
“These financings are collectively a testament to the depth and diversity of our capital markets relationships and our execution capabilities,” says Jesse Campbell, CFO of Jupiter Power. “With strong, steady growth, and a deep project pipeline, Jupiter is building one of the most robust energy storage platforms in the country.”…