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Jupiter Power has secured a $500 million green loan facility to expand its battery energy storage projects across the U.S. This upsized senior secured revolving loan increases the company's previous $225 million facility, closed in September 2024.

The loan supports the advancement of Jupiter Power's project pipeline, allowing for new utility-scale battery energy storage system projects nationwide. The facility was arranged by Barclays Bank, HSBC Bank USA, ING Capital, SMBC, and Société Générale. Jupiter Power currently has nearly 8,000 megawatt-hours of battery energy storage projects under construction or contracted, with a development pipeline exceeding 12 gigawatts across the U.S., from California to Maine.