Nova Power, LLC

680 MW/2.72 GWh Nova BESS Project Financing

Borrower(s)
Nova Power, LLC
Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Project financing for project Nova, consisting of 680 MWAC / 2.72GWhAC of battery storage (divided into five subprojects or phases) and will be located in Menifee, California. Construction of subprojects 1-4 are expected to be completed ~1 year from closing, with subproject 5 scheduled to become...

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Deal Volume
$1.05bn
Financial Close
21/12/2023
Dealmakers
Sources

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Project Deals

680 MWAC/2.72GWhAC Nova BESS Project
$1bn
Greenfield
Battery storage
North America
North America
United States