Articles from Spearmint Energy

Spearmint Energy (“Spearmint” or the “Company”), a next-generation clean energy company bringing reliable, low-cost energy to the power grid through battery energy storage, today announced that Michael Weinstein, ERP, former Head of Investor Relations for solar developer SunPower Corporation, has joined the Company as Senior Vice President and Head of Investor Relations, effective immediately. In this newly created role, he will be responsible for deepening and expanding Spearmint’s relationships with existing and prospective investors and supporting capital raising efforts across the business.

Spearmint Energy (“Spearmint”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, and Sungrow USA Corporation (“Sungrow”), a leading global inverter and energy storage system solutions supplier, announced that they entered into an agreement to deploy more than 1 GWh of additional energy storage capacity at Spearmint energy storage projects in Texas through 2025.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that Elda River Capital Management, LLC (“Elda River”), a real assets investment firm focused on energy transition and infrastructure opportunities, has joined its $200 million enhanced credit facility alongside Nuveen’s Energy Infrastructure Credit team and Aiga Capital Partners (“Aiga”).

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the addition of four senior hires who bring a diverse mix of project finance, capital markets, regulatory affairs, and commercial operations experience to Spearmint’s growing team.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced it has successfully closed a $47.5 million project finance term loan from Manulife, a global financial services provider. The term loan will support the commercial operation of Revolution, Spearmint’s 150 MW, 300 MWh battery energy storage system (“BESS”) project located in West Texas’ ERCOT power market.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the addition of Nuveen to its $200 million enhanced credit facility with Aiga Capital Partners (“Aiga”). Nuveen’s Energy Infrastructure Credit team, which provides private debt and structured equity solutions to assist companies transitioning to a low carbon economy while also ensuring energy security, joins the term loan alongside Aiga, an investment management firm providing flexible capital solutions to North American-based companies developing sustainable infrastructure assets.

Spearmint Energy (“Spearmint” or the “Company”) a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the successful completion of Revolution, the Company’s 150 MW, 300 MWh battery energy storage system (“BESS”) project in West Texas. Revolution, which ranks among the largest BESS projects in the United States, has commenced commercial operation to support a low-cost, clean, and resilient grid for homes and businesses throughout ERCOT.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced it has successfully closed a $92 million tax equity investment in its Revolution project provided by Greenprint Capital Management (“Greenprint”), an investment firm dedicated to financing climate positive solutions and specializing in certificated renewable energy tax credit acquisitions. Greenprint’s investment in Revolution, a 150 MW, 300 MWh battery energy storage project located in west Texas, marks one of the first applications of the Investment Tax Credit structure for a standalone battery energy storage system following the passing of the Inflation Reduction Act.

Spearmint Energy (“Spearmint” or the “Company”) a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that Yelena Kuznetsova, former Senior Vice President of Marketing & Communications at Capital Dynamics, has joined the Company as Director of Sustainability & ESG, effective immediately. In this new role, Ms. Kuznetsova will be responsible for overseeing Spearmint’s ESG policies and disclosures, developing and advancing corporate and project-level ESG initiatives, and ensuring the Company continues to maintain best-in-class compliance with federal and state-level ESG regulations.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that Tara Young, former Deputy General Counsel at Plus Power, has joined the Company as General Counsel, effective immediately. Ms. Young will serve as Spearmint’s lead internal attorney, supporting corporate matters as well as the Company’s continued development of fast-expanding battery storage projects across the United States.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today confirmed the start of commissioning activities at the Company’s 300 MWh battery energy storage project known as Revolution. The delivery and installation of the PowerTitan Series battery energy storage system (“BESS”) supplied by the Sungrow Power Supply Co., Ltd. (“Sungrow”), a leading global inverter and energy storage system solutions supplier, marks a significant construction milestone for Revolution and brings Spearmint one step closer to commencing commercial operation of the project.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the close of a $200 million credit facility with Aiga Capital Partners (“Aiga”), an investment management firm providing flexible capital solutions to North American-based companies developing sustainable infrastructure assets.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that Cory Magnuson, former Vice President of Finance at BrightNight, has joined the Company as Chief Financial Officer, effective immediately. He will be responsible for managing Spearmint’s financial operations in support of its continued development of battery storage projects across the United States.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the expansion of its development team with the appointment of two senior hires. Gina Wolf, former Global Portfolio Strategist at Meta Platforms, Inc. (formerly Facebook, Inc.), has joined the Company as Senior Vice President of Strategy and Project Development to lead Spearmint’s development strategy, including project site pipeline identification, early-stage development, and M&A activity across the United States. Jake Dahm, former Senior Director of Development at Avantus (formerly 8minute Solar Energy), has joined the Company as Senior Director of Development responsible for supporting the development and execution of Spearmint’s mid- and late-stage project pipeline. Ms. Wolf will report to Peter Rood, Spearmint’s Chief Development Officer, and Mr. Dahm will report to Jeff Jackson, Spearmint’s Senior Vice President of Project Execution.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that is has acquired a 900 MW portfolio of battery energy storage solutions (“BESS”) assets, collectively known as Nomadic. Nomadic, which consists of three projects each with a target capacity of 300 MW, was acquired from one of the largest developers and operators of clean energy projects in the United States. The acquisition significantly expands Spearmint’s BESS portfolio and cements the Company as the one of the largest battery energy storage developers in the state of Texas.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that Peter K. Rood, former Chief Development Officer at GlidePath Power Solutions LLC (“GlidePath”), has joined the Company as Chief Development Officer. In this role, Mr. Rood will oversee the development, construction, and operations of Spearmint’s battery energy storage projects.

Spearmint Energy (“Spearmint”) a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that it has begun construction of Revolution, its 150 MW, 2-hour battery energy storage project in West Texas, in partnership with Mortenson, a leading power engineering, procurement, and construction (EPC) contractor with deep experience in wind, solar, transmission and distribution, repowering, and battery energy storage.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that is has further expanded its team with the appointment of four energy industry professionals with deep expertise across project finance, technology, execution, and data science.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that Nick D. Vamvakas, former Managing Director at Investcorp International Inc., has joined the Company as Chief Strategy Officer.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that it has acquired a 150 MW battery energy storage project (the “Project” or “Revolution”) from Con Edison Development, a wholly-owned subsidiary of Con Edison Clean Energy Businesses.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the launch of its business. The Spearmint platform is comprised of three distinct strategies, including battery and solar project development, energy storage offtake, and renewables power trading. The Company is aligned with the objectives of the Paris Climate accord to achieve Net Zero by 2050 by improving overall power grid resiliency.