Peregrine Energy Secures $317M for Storage Project
Slice of Energy Team
11/14/2025
Key highlights
- $317 million financing closed for battery project
- Supported by Bildmore Clean Energy and major banks
- Aimed at expanding utility-scale energy storage
Source: PR Newswire
Notable Quote
“ We're thrilled to announce the closing of our second project financing this year. ”
Reid Strand, Senior Vice President of Finance at Peregrine
Why this matters
This significant funding marks a pivotal step for Peregrine Energy Solutions, enhancing their capacity in the growing battery storage market and supporting the transition to cleaner energy solutions. This development is particularly significant for the energy sector.
