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ING Capital, KeyBanc Capital Markets, Zions Capital Markets, and GridStor Announce Close of $220 Million Debt Financing Agreement

Source: Business Wire

Renewable Energy TransitionGreen & Sustainable FinancePrivate Markets & Venture

GridStor, ING Capital, KeyBank and Zions Capital Markets closed a $220 million financing agreement for the White Tank battery energy storage system (BESS). The financing supports development of energy-storage infrastructure, though the announcement provides no project capacity, timing, or operating-financial details.

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