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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Pathward and BridgePeak Energy Capital Provide $77.6MM in Construction Credit Facilities to On.Energy
Wednesday, January 29, 2025
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Lenders/Participants
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Pathward [Lender]
BridgePeak Energy Capital [Lender]
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Structure
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Construction Credit Facilities
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Amount
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$77.600
Million
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Borrower(s)
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On.Energy
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Description
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Construction credit facilities to build its 160 MWh Palo de Agua battery storage portfolio across the state of Texas. This new financing will allow On.Energy to accelerate its U.S. business growth, which already includes 80 MWh of operational assets in Houston and a combined 2 GWh+ of battery energy storage scheduled for activation by 2028 across California, Texas and Mexico.
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Industry
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Battery Storage
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Location
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TX
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| Related Tags |
Battery Storage, Pathward
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ABL Advisor
Deal Tables
2025
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