Saturday, 19 April 2025
Home Spearmint Energy Secures Over $250 Million Financing for 400 MWh of Battery Energy Storage Across Two Projects Under Construction in ERCOT

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Spearmint Energy Secures Over $250 Million Financing for 400 MWh of Battery Energy Storage Across Two Projects Under Construction in ERCOT

MIAMI--(BUSINESS WIRE)--Spearmint Energy (“Spearmint” or the “Company”), a next-generation energy company bringing stable, secure and cost-effective energy solutions to the power grid with large scale battery storage, has successfully closed more than $250 million in financing for, and has begun construction of, Tierra Seca and Seven Flags, two 100 MW / 200 MWh Battery Energy Storage Systems (“BESS”) located in Del Rio and Laredo, respectively, within Texas’ ERCOT power market. The financing pa...

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