GridStor has announced the close of a $120 million financing package provided by lending partners NORD/LB and Siemens Financial Services for its Gunnar Reliability Project, a 150 MW, ...
GridStor has closed a $120 million financing package with NORD/LB and Siemens Financial Services for its BESS project in Hidalgo County, Texas.
The city's current substation is 57 years old and has experienced performance issues. Officials say the switch to ERCOT will provide more reliable service as the city grows.