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Lightshift Energy has secured up to $40 million in a corporate credit facility from Aiga Capital Partners to advance its energy storage portfolio.

Jul 08, 202525 days ago

Amount Raised

$40 Million

ArlingtonRenewable EnergyEnergy

Investors

Aiga Capital Partners

Description

Lightshift Energy announced the financial close of a credit facility for up to $40 million with Aiga Capital Partners. This facility will support funding interconnection and PPA security requirements and other uses. The financing milestone aims to enhance Lightshift's ability to bring projects online more efficiently. Aiga's innovative financing solutions align with Lightshift's mission to develop sustainable infrastructure.

Company Information

Company

Lightshift Energy

Location

Arlington, Virginia, United States

About

Lightshift Energy, formerly Delorean Power, is a utility-scale energy storage development company that is transforming the way utilities manage and distribute power. Specializing in innovative solutions that save costs and improve reliability for energy providers and their customers, we’re committed to bringing new investment in cutting-edge battery storage technology across US communities.

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