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BESS Power gets $15 million debt financing facility via Leyline
By Marisa Wong
Los Angeles, Aug. 22 – BESS Power Corp. announced it established a project debt financing facility of up to $15 million with Leyline Renewable Capital.
The facility will be used to accelerate the development of BESS Power’s energy storage pipeline. The company has planned to develop target 2.4 GWs of utility scale stand-alone energy storage projects over the next four years.
BESS Power is a Newark, Del.-based greenfield utility-scale energy storage center developer.
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