Accelergen Energy Nabs M Bridge Funding

AUSTIN, TX, Accelergen Energy has secured $20 million in bridge funding from Overlay Capital.

Accelergen Energy, a greenfield developer of utility-scale battery energy storage systems (BESS), and hybrid solar storage systems, has secured $20 million in bridge funding from Overlay Capital. This loan facility will support grid interconnection deposits critical to advancing Accelergen’s growing development portfolio, which includes over 2.6 gigawatts (GW) of BESS and hybrid solar storage projects across 13 projects in six states within the Western Electricity Coordinating Council (WECC) and Southwest Power Pool (SPP) territories.

Accelergen Energy is a greenfield developer of utility-scale battery energy storage systems (BESS), and hybrid solar storage systems. The company is dedicated to advancing the transition to…

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