Global Infrastructure SherpaMilbank Advises on Financing for the Acquisition of a Portfolio of Battery Energy Storage Projects
USD160M
Deal Value
390 MWh
Capacity
operating
Stage
Milbank advised on the financing for the acquisition of a portfolio of battery energy storage projects in the United States. The firm represented the lenders in the transaction.
Source Intelligence
KEY DETAILS
Broad Reach Power owns a 21 GW portfolio of utility-scale battery storage and renewable power projects across the US. Quote: Broad Reach Power is the leading utility-scale battery storage platform and owns a 21 GW portfolio of utility-scale battery storage and renewable power projects across the US.
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Deal Size
Milbank LLP advised Broad Reach Power in connection with the $160 million financing for a portfolio of battery storage projects located in the US.
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Capacity
The portfolio, totaling 390 MWh, consists of 17 total operating battery energy storage systems in Texas and one in California.
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Location
The portfolio, totaling 390 MWh, consists of 17 total operating battery energy storage systems in Texas and one in California.
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Announcement
July 28, 2022
PARTIES MENTIONED IN SOURCE
B
Broad Reach Power
developer
"Milbank Advises Broad Reach Power on 18 Battery Storage Projects Financing"
M
Milbank LLP
advisor
"Milbank LLP advised Broad Reach Power in connection with the $160 million financing for a portfolio of battery storage projects located in the US."
high quality
Enriched Feb 19, 2026
Timeline
Announced
Nov 6, 2025
Signed
Closed
Counterparts (1)
Market Context
This deal is part of the Storage sector in United States.
108
Storage deals
565
deals in United States
Source
www.milbank.com
1 of 103 Storage deals tracked this month · Updated daily