💰 esVolta secures $139.6M for Wylie energy storage project

Energy company esVolta has obtained $139.6 million in financing from MUFG Bank to build and operate the Boxcar Energy Storage project in Wylie, Texas, northeast of Dallas. The facility will provide 150MW of power and 300MWh of energy storage to the ERCOT grid once completed. The financing package includes construction and term loans, letters of credit, and a tax equity bridge loan…

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