POWER Magazine•about 1 month ago
Eagle Point Provides Loan to Texas Solar and Storage Developer
- •Eagle Point Credit Management has provided a $28.5 million senior secured term loan to Heritage Energy Storage DevCo I LLC, a Texas-based solar and storage developer.
- •This financing signals continued private investment and capital availability for solar and energy storage projects within the ERCOT market.
- •For developers, this highlights a source of funding for renewable energy and battery storage initiatives in Texas.
financing