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/PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business served as lead agent on a $170 million credit facility for esVolta, a...
To accelerate availability of energy storage projects
Generate Capital has acquired esVolta, marking the investment firm’s first step into the front-of-the-meter battery market.
20 January 2021 Macquarie’s Green Investment Group, the green investment arm of Australian investment banking giant Macquarie Group, announced on Tuesday that it would invest in esVolta, a developer and owner of utility-scale energy storage projects across North America. The move will enable Macquarie to tap into California’s grid-scale battery boom which, despite the impact of the global COVID-19 pandemic, saw record-shattering success through 2020 and built a pipeline expected to continue delivering record figures through 2021. Macquarie Group acquired the Green Investment Group (GIG) f...
Published: 20 Jan 2021, 06:42 By: Some of Green Investment Group's selected year-in-review highlights of 2020. Image: GIG via Twitter. The Green Investment Group (GIG), a company owned by financial services group Macquarie, is investing an unspecified sum into esVolta, a US-headquartered developer and owner of utility-scale energy storage projects. esVolta has 600MWh+ of contracted energy storage projects in California, including the 75MW / 300MWh Hummingbird Energy Storage project which is one of several new facilities enabling investor-owned utility Pacific Gas & Electric (PG...