ENERGY storage developer Statera Energy has announced that it has secured a total of £395 million in finance for a major battery energy storage system (BESS) and generation project reports solarpowerportal.co.uk
The Thurrock Flexible Generation project, which is made up of a 300MW/600MWh BESS and a 450MW flexible generation development, has now reached financial close through debt facilities provided by a syndicate of six energy and infrastructure finance banks.
The banks involved include well-known names, including Lloyds Bank, which served as the structuring bank for the deal, alongside Natixis, NatWest, Santander, SEB, and Siemens Financial Services through Siemens Bank.
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