HOUSTON--(BUSINESS WIRE)--Intersect Power, LLC, (“Intersect Power” or “Intersect”), announced today the closing of two separate transactions representing an aggregate of $837 million of financing commitments for the construction and operation of three standalone Battery Energy Storage Systems (BESS) in Texas. The transactions cover portfolio-level construction debt, tax equity, and term debt financing with industry-leading partners. All three BESS — Lumina I, Lumina II, and Radian — are expecte...
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