First citizens bank provides $65.2 million to jupiter power for standalone battery energy storage project financing

New york and austin, texas , dec. 19, 2023 /prnewswire/ -- first citizens bank and jupiter power llc ("jupiter power") today announced that first citizens bank's energy finance business and jupiter power have closed on $65.2 million in financing for construction of a 200-megawatt (mw) / 400 megawatt-hour (mwh) battery energy storage system in houston, texas. based in austin, texas, and chicago, illinois, jupiter power is a leader in energy storage infrastructure with 775 mwh of operating projects, 620 mwh in construction and more than 11,000 mw of new projects in development from maine to california.
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