Spearmint Energy just secured $92 million in tax equity financing for an ambitious battery energy storage project. The financing will push the development of Revolution, a 150 MW, 2-hour battery energy storage project that will be part of Texas’ ERCOT market. Funds were provided by Greenprint Capital, LLC.
This project highlights increasing investor confidence in renewable energy ventures. It’s a clear signal that the transition to clean, reliable energy is not just a trend, but a robust, financially sound decision.