Midwest Startups’ Post

🔋 $3bn Raised in US BESS Space, YTD 2024: Meet the Project Developers Who Are Leading the Charge! 🚀 Enerdatics data reveals that US BESS developers have raised ~$2.9bn this year for project development and construction. The majority of this capital was deployed in markets such as Texas, Arizona, and California. 💡Developers such as Calpine Energy Solutions, LLC, Strata Clean Energy, and Arevon Energy, Inc. emerged as top fundraisers in the space this year. Most of this capital was raised through project-level debt. Meanwhile, more developers are leveraging tax equity investments and tax credit transfer deals. 📈 Top fundraisers also include Plus Power, which has raised over $313mn in the capital this year. This includes their recent $133mn debt raise to support the construction of the 150 MW/300 MWh Cranberry Point Energy Storage project in Carver, Massachusetts. #BESS #EnergyStorage #CleanEnergy #RenewableEnergy #BatteryStorage #EnergyTransition #SustainableInvestment #GreenTechnology #ProjectDevelopment #InvestmentStrategy #USEnergy #ClimateAction #TexasEnergy #ArizonaEnergy #CaliforniaEnergy #TaxEquity #EnergyInnovation #PlusPower #RenewableInvestments #GreenFuture

U.S. Bancorp Impact Finance is thrilled to help households, non-profits, and businesses in select communities save as much as 20% on their monthly electricity costs. Through an innovative collaboration with Walmart and Reactivate, Impact Finance provided the tax equity that created seven community solar projects in Illinois and New York. Approximately 90% of the households will qualify as low-to-moderate income and the partnership is expected to help more than 5,000 households. #USBImpactFinance #usbank

U.S. Bancorp Impact Finance is thrilled to help households, non-profits, and businesses in select communities save as much as 20% on their monthly electricity costs. Through an innovative collaboration with Walmart and Reactivate, Impact Finance provided the tax equity that created seven community solar projects in Illinois and New York. Approximately 90% of the households will qualify as low-to-moderate income and the partnership is expected to help more than 5,000 households. #USBImpactFinance #usbank

U.S. Bancorp Impact Finance is thrilled to help households, non-profits, and businesses in select communities save as much as 20% on their monthly electricity costs. Through an innovative collaboration with Walmart and Reactivate, Impact Finance provided the tax equity that created seven community solar projects in Illinois and New York. Approximately 90% of the households will qualify as low-to-moderate income and the partnership is expected to help more than 5,000 households. #USBImpactFinance #usbank

Blackstone's energy transition fundraising is accelerating: it's raised nearly $1 billion in the past 6 months for Energy Transition IV. Fundraising has been taking longer than Blackstone expected when it launched the fund in 2022, and it'll probably still close below the original $6 billion target. But this is a sure sign that #privateequity is recovering from the straits of 2022-23.... and investors haven't *entirely* abandoned climate to jump on the AI/ #datacenters bandwagon. Pictured: David Foley, who heads up the fund. New Private Markets PEI https://lnkd.in/gCps_ByP

U.S. Bancorp Impact Finance is thrilled to help households, non-profits, and businesses in select communities save as much as 20% on their monthly electricity costs. Through an innovative collaboration with Walmart and Reactivate, Impact Finance provided the tax equity that created seven community solar projects in Illinois and New York. Approximately 90% of the households will qualify as low-to-moderate income and the partnership is expected to help more than 5,000 households. #USBImpactFinance #usbank https://bizj.us/1qkorr%0d

Check out the latest story from New Private Markets #NPM #PrivateMarkets #Climate #ClimateSolutions #Fundraising #Infrastructure #PrivateEquity

U.S. Bancorp Impact Finance is thrilled to help households, non-profits, and businesses in select communities save as much as 20% on their monthly electricity costs. Through an innovative collaboration with Walmart and Reactivate, Impact Finance provided the tax equity that created seven community solar projects in Illinois and New York. Approximately 90% of the households will qualify as low-to-moderate income and the partnership is expected to help more than 5,000 households. #USBImpactFinance #usbank

U.S. Bancorp Impact Finance is thrilled to help households, non-profits, and businesses in select communities save as much as 20% on their monthly electricity costs. Through an innovative collaboration with Walmart and Reactivate, Impact Finance provided the tax equity that created seven community solar projects in Illinois and New York. Approximately 90% of the households will qualify as low-to-moderate income and the partnership is expected to help more than 5,000 households. #USBImpactFinance #usbank

U.S. Bancorp Impact Finance is thrilled to help households, non-profits, and businesses in select communities save as much as 20% on their monthly electricity costs. Through an innovative collaboration with Walmart and Reactivate, Impact Finance provided the tax equity that created seven community solar projects in Illinois and New York. Approximately 90% of the households will qualify as low-to-moderate income and the partnership is expected to help more than 5,000 households. #USBImpactFinance #usbank