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Peregrine Energy Solutions Announces the Closing of a $53 Million Preferred Equity Commitment with Bildmore Clean Energy and $115 Million Debt Facilities with First Citizens Bank and Nomura Securities International, Inc.
CIZNCitizens Holding(CIZN) Prnewswire·2025-03-17 13:10

BOULDER, Colo., March 17, 2025 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale storage, announced today it has closed a 53millionpreferredequitycommitmentwithBildmoreCleanEnergyfora150MWbatteryenergystorageprojectthat′scurrentlyunderconstruction.Concurrently,Peregrinealsosecureda53 million preferred equity commitment with Bildmore Clean Energy for a 150MW battery energy storage project that's currently under construction. Concurrently, Peregrine also secured a 115 million bridge financing facility to fund the remaining construction of the project. First Citizens Bank ...