CIM's Permanent Power closes $600m financing for California solar and storage project

inspiratia Team
19 June, 2026

Solar And StorageNewsFinancial Close
CIM Group's Permanent Power Company has closed an approximately $600 million (£454m €523m) construction financing facility for Grape, a 246.4MWac solar and 150MWac/600MWh battery storage project in California's Westlands Solar Park, fully contracted to an investment-grade offtaker.

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