GOODPEAK BEGINS CONSTRUCTION ON ERCOT BATTERY STORAGE PROJECTS AFTER SECURING CONSTRUCTION DEBT FINANCING

Provided By PR Newswire

Last update: Apr 3, 2025

HOUSTON, April 3, 2025 /PRNewswire/ -- GoodPeak, a rapidly growing utility-scale battery energy storage and solar platform, announced today the closing of construction credit facilities with Pathward^®, N.A. and BridgePeak Energy Capital, enabling commencement of construction of its first two 10-MW (2-hour duration) energy storage projects near Houston, Texas. These projects, which will come online at the end of 2025, will provide critical capacity to enhance grid reliability, support renewable energy integration, and strengthen the Texas energy infrastructure.