Spearmint Energy secures $450m financing for Texas 300MW battery project

26 May, 2026

Battery StorageNewsFinancial Close
Spearmint Energy has closed approximately $450 million (£334m €387m) of project financing for its 300MW / 600MWh Red Egret standalone battery energy storage system in Texas City, Texas, marking one of the larger recent BESS financings in the ERCOT market.

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