Peregrine Energy Solutions and AB CarVal finalize $700 million financing agreement to support a pipeline of renewable energy and storage projects
BOULDER, Colo., Aug. 29, 2023 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale energy storage, today announced it has signed an agreement with funds managed by AB CarVal to raise over $700 million of credit, equity and debt to fund Peregrine's pipeline of over seven gigawatts of high-quality projects, including standalone battery, solar and wind technologies.