Granite Source Power, a Portsmouth, NH-based battery storage developer, secured $40M in Strategic Growth Capital.
New Energy Capital made the investment.
The equity partnership will fund further renewable and battery storage development in GSP’s core markets.
Founded in 2022, GSP is a greenfield utility-scale energy development company that uses an owner-operator mindset to address risks at the very foundation of project development and operations. GSP is currently marketing, with Marathon Capital, LLC, a diversified and resilient 2 GW stand-alone battery storage portfolio that captures all the above traits.
FinSMEs
12/06/2023