The loan enables Jupiter Power to pursue new utility-scale BESS projects nationwide. Jupiter Power has secured a $500m green loan facility to accelerate the expansion of its battery energy storage portfolio across the US. The loan is designed to support the rapid advancement of Jupiter Power’s project pipeline in the country. It is available for borrowings or the issuance of letters of credit, enabling Jupiter Power to pursue new utility-scale battery energy storage system (BESS) projects nationwide. Jupiter Power currently has nearly 8,000 megawatt-hours of battery energy storage projects under construction or contract.