Esvolta Secures Tax Equity Investment From U.S. Bank For Energy Storage Project In California

Nov 09, 2023•over 1 year ago

Newport BeachRenewable EnergyOil And GasEnergy

Investors

U.S. Bancorp Impact Finance

Description

esVolta, LP, a leading developer, owner and operator of utility-scale battery storage projects in North America, today announced that it has closed a tax equity investment with U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank, to finance its Santa Paula Energy Storage project.

Company Information

Company

esVolta

Location

Newport Beach, California, United States

About

esVolta, LP, founded in 2017, is a leading developer, owner, and operator of utility-scale energy storage projects across the United States. With a combined 1.4 GWh of operational and in-construction storage capacity, the company is actively building a robust pipeline of future projects to support the nation’s clean energy transition. As a portfolio company of Generate Capital, PBC—a prominent sustainable infrastructure firm—esVolta plays a critical role in advancing reliable, grid-scale energy solutions.

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