Spearmint Energy, a next-generation energy company bringing stable, secure and cost-effective energy solutions to the power grid with large-scale battery storage, has secured a $325 million expanded debt facility in partnership with Nuveen Energy Infrastructure Credit (EIC), Elda River Capital Management, Harrison Street Asset Management and Aiga Capital Partners. The debt facility strengthens Spearmint’s capital base and supports strategic initiatives aligned with its mission to deliver safe, stable and affordable energy through battery storage solutions.
Spearmint expects to leverage the capital to advance its operating portfolio, including Tierra Seca, Seven Flags and Revolution, and development portfolio with projects throughout the United States. The expanded debt facility further enhances Spearmint’s financing flexibility, enabling the company to support operating assets, fund strategic initiatives across its platform, and capitalize on additional storage opportunit
