DESRI Secures Financing for 235-Megawatt Battery Storage Project in Matagorda County
A utility-scale battery energy storage project in Matagorda County has received new financing, advancing its construction timeline. DESRI announced on February 18 that it signed a preferred equity investment in Linea Energy's Duffy BESS project, which has a capacity of 235 megawatts and a duration of two hours. Financial details remain undisclosed. Linea previously secured project debt financing and issued a notice to proceed in December 2025.
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The Duffy BESS project in Matagorda County is progressing towards construction following new financing secured by DESRI. On February 18, DESRI announced a preferred equity investment in the 235-megawatt, two-hour-duration battery energy storage facility developed by Linea Energy.
Financial terms of the investment were not disclosed. In December 2025, Linea had already closed project debt financing and issued a full notice to proceed, indicating readiness for construction.
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