Nightpeak Energy announced the financial close and commercial operation of Bocanova 2, a 150 MW, two-hour battery storage project in Southeast Texas that reached commercial operation on September 17. The phase doubles the Bocanova site to 300 MW and adds flexibility to the ERCOT grid as data centers and other large loads drive demand growth. Under a long-term offtake agreement with an investment-grade counterparty, the project was financed with a tax equity bridge loan and a construction-to-term loan from MUFG Bank, plus traditional tax equity from U.S. Bank. Founded in 2022, Nightpeak says it has developed or acquired over 1 GW of operating and de-risked capacity across gas-fired generation, battery storage and powered land.
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- Nightpeak Energy completes Bocanova battery storage project in Texas, US
Nightpeak Energy has completed Bocanova 2, a 150MW battery storage facility in south-east Texas, raising total storage capacity at the Bocanova site to 300MW. The project entered commercial service on September 17 and aims to add flexibility to the Texas grid as demand rises, particularly from data centres and other large consumers. Bocanova 2 uses Tesla Megapack 2 XL systems and operates under a long-term offtake agreement with an investment-grade counterparty. Financing included a tax equity bridge loan and construction-to-term loan from MUFG Bank, plus traditional tax equity from U.S. Bank. Bocanova 1, a 150MW project at the same site, began commercial operation in August 2025.
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