SB Energy Secures $2.4 Billion for Renewable Energy Projects, Creating Blueprint for Project Financings Around Domestic Content and Energy Communities

In partnership with J.P. Morgan, Bank of America, Morgan Stanley Renewables Inc., and Truist Bank, these first of their kind deals create a roadmap for private sector to actualize American jobs and accelerate emission reductions REDWOOD CITY, Calif., November 30, 2023 – SB Energy Global, LLC (“SB Energy”) secured a combined $2.4 billion to support energy communities … Continued

Stem and SB Energy Announce Technology and Commercial Alliance to Advance AI-Enabled Energy Management of Utility Scale Renewables

• Technology alliance to leverage Stem’s AI-driven software and SB Energy’s Digital Platform to deploy flexible, reliable, and cost-effective clean energy at scale. • Multi-year commercial agreement to span SB Energy’s development pipeline of 10 gigawatt hours (GWh) of energy storage projects. SAN FRANCISCO – November 2, 2023 – Stem (NYSE: STEM), a global leader … Continued

SB Energy Welcomes Gaetan Frotte as Chief Financial Officer

Former NRG Energy executive enters SB Energy at stage of hypergrowth REDWOOD CITY, Calif., February 28, 2023 – SB Energy Global, LLC (“SB Energy”) announced today that Gaetan Frotte has joined the company as Chief Financial Officer to lead SB Energy’s corporate finance functions. Mr. Frotte joins SB Energy from NRG Energy (NYSE: NRG), where he held various … Continued

SB Energy Inks 942 MW PPA with Google to Power Data Center

The agreement for four SB Energy solar projects is Google’s largest combined clean energy transaction in Texas to date REDWOOD CITY, Calif., Nov. 1, 2022 – SB Energy Global, LLC (“SB Energy”) announced today that Google will purchase approximately seventy-five percent of the renewable energy produced by four of its solar projects under development. The … Continued

SB Energy, SoftBank Group’s U.S. Renewables Platform, Announces Strategic Equity Investment From Ares Management

Leading Climate Infrastructure Technology Platform to Accelerate Growth and Provide Flexible Renewable Generation at Scale SB Energy Global, LLC (“SB Energy”) announced today that funds managed by the Infrastructure and Power strategy of Ares Management Corporation (“Ares”) are leading a strategic equity investment of up to $600 million, including capital from potential co-investors, in SB … Continued

SB Energy Announces Multi-Year Agreement with First Solar and Significant Growth Pipeline

SB Energy Announces Multi-Year Agreement with First Solar and Significant Growth Pipeline Procures Additional 1.5GW of First Solar’s Modules for Advanced-Stage Pipeline REDWOOD CITY, CA, March 1, 2022 (BUSINESS WIRE) – SB Energy Global LLC (“SB Energy”), a subsidiary of SoftBank Group Corp., announced today that it has placed a multi-year order for 1.5 gigawatts … Continued

ESS and SB Energy Sign Agreement to Deploy Two Gigawatt-Hours of Long-Duration Storage

First System Delivered to California and Will be Commissioned in October WILSONVILLE, Ore.–(BUSINESS WIRE)–ESS Inc. (“ESS” or “the Company”), a U.S. manufacturer of long-duration batteries, today announced that it has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries … Continued

SB Energy Adds 418MWp Solar Project at Forefront of Innovation to Texas Grid

Juno Solar now producing enough renewable energy to power the equivalent of 125,000 electric cars or 40,000 homes SB Energy announces the on-time commercial operation of its 418MWp Juno Solar project in Borden County, Texas. It is now delivering power to the grid with long-term Power Purchase Agreements (“PPA”) with Mitsui and Co. Energy Marketing … Continued

SB Energy Texas Project Secures Long-Term PPA With Mitsui and Co. Energy Marketing and Services

PRESS RELEASE  UPDATED: AUG 27, 2021 14:40 EDT SB Energy announces a long-term Power Purchase Agreement (“PPA”) with Mitsui and Co. Energy Marketing and Services (USA), Inc. (“MEMS”; a subsidiary of Mitsui & Co, Ltd.) to deliver energy from its 418MWp Juno solar project in Borden County, Texas. This month, Juno begins its full commercial ramp-up … Continued

SB Energy Announces Closing of Financing and Building of 1.7GW of Solar Projects Across California and Texas

PRESS RELEASE UPDATED: MAY 27, 2021 11:06 EDT Rapidly Growing U.S. Solar and Storage Platform to Build, Own, and Operate Long Term SB Energy, SoftBank Group Corp’s U.S.-based solar and storage platform, today announced the close of financing for the construction of two additional utility-scale projects, Athos I and Athos II, in Southern California. With … Continued