The Infrastructure Private Debt team has concluded a financing transaction for WattBridge. WattBridge used proceeds from the transaction to refinance existing Holding Company indebtedness and intends to use the additional liquidity to expand its portfolio, delivering a safe, fast, cost-effective pathway to progress the energy transition.
WattBridge owns a growing portfolio of fast-start, peak-power projects that will soon expand beyond the ERCOT Houston zone of Texas. The portfolio is well positioned to deliver power during peak-demand times, helping to ensure energy security and support the transition to renewable energy.