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Updated on 
February 26, 2026
Eolus Locks in $66.9M Exit While Funding Construction
February 26, 2026
3 min read

Eolus has agreed to sell its 127 MW / 506 MWh Roccasecca standalone battery project in Nevada for $66.9 million in cash to a large U.S. IPP. The buyer assumes the 15-year tolling agreement, equipment supply contracts, and existing project finance arrangements.

Alongside the equity sale, construction-to-term debt and a tax equity bridge loan were negotiated and closed concurrently. The capital stack moves with the asset, and funding continues through buildout toward COD in 2026.

The insight is simple: this is a fully structured handoff, not a pipeline flip. Eolus monetized the project while transferring execution risk, contracted revenues, and financing in one coordinated transaction.

Commercially, that matters. In a market where buyers are discounting development-stage risk, assets with locked-in tolling, equipment, and debt commitments clear faster and with fewer price adjustments. The buyer steps into a financed, contracted build rather than underwriting uncertainty.

This signals continued appetite for de-risked standalone storage in the U.S., particularly where revenue is secured and capital is arranged upfront. Structure is driving liquidity more than scale.

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