Spearmint Energy secures $450 million in financing for Texas BESS project
Florida-based Spearmint Energy said it has closed a $450 million financing package to support the installation of a standalone battery energy storage system (BESS) in Texas. In early May, the company said the financing supports Red Egret, a 300 MW/600 MWh BESS in Texas City, located southeast of Houston. On May 21, the company said…