Recurrent Energy secures $183 million in financing and tax equity for Fort Duncan Storage project
Type: Financing · Technology: Storage, Other · Country: United States · Capacity: 200 MWh · Value: $183M · Announced: 2025-03-18
Recurrent Energy closed $112 million in project financing led by Nord/LB and a $71 million tax equity partnership with Greenprint Capital to fund the 200 MWh Fort Duncan battery energy storage project in Maverick County, Texas.
Counterparties
- Burns & McDonnell (Epc)
- NORD/LB (Lender)
- Canadian Solar Inc. (e-Storage) (Supplier)
- Greenprint Capital (Investor)
- Recurrent Energy (Developer)
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