MATRIX RENEWABLES CLOSES £245 MILLION NON-RECOURSE FINANCING FOR 500MW BATTERY STORAGE PROJECT IN SCOTLAND [Yahoo! Finance]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
Company Research
Source: Yahoo! Finance
a £245 million non-recourse project financing to support the construction of a large-scale, transmission-connected 500MW/1,000MWh Battery Energy Storage System (BESS) project located in Eccles–Leitholm, in southern Scotland. The financing was arranged as an Underwritten Deal provided by CIBC's London Branch, MUFG Bank, Ltd., and NatWest, with NatWest also acting as Facility Agent, reflecting the strong confidence of leading international financial institutions in Matrix's operating capabilities and the UK storage market. "This £245 million financing underwritten by CIBC, MUFG, and NatWest reflects the strong and growing demand for high-quality battery storage assets and reinforces the strength of our UK platform," said Nicolás Navas, CFO of Matrix. "We are grateful for the continued support and partnership of our banking partners in bringing this project to a successful financial close". Strategically located along key transmission corridors between Scotland and England, the Ecc
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MUFG
Earnings
- 2/5/26 - Beat
MUFG
Sec Filings
- 4/22/26 - Form S-8
- 4/21/26 - Form 6-K
- 4/14/26 - Form 4
- MUFG's page on the SEC website