Overview
- A consortium of lenders including Royal Bank of Canada, Credit Agricole CIB, CoBank, National Bank of Canada, Desjardins, ACB and Zions Bancorporation is providing the financing.
- Greenwater is contracted to deliver capacity and grid services to Puget Sound Energy to bolster reliability and support renewable integration.
- The project will connect via a short tie line to the existing White River Substation in Pierce County, Washington.
- Developers say the installation will use about 250 containerised lithium‑ion units, require no operational water and incorporate coordinated emergency response planning.
- This marks BrightNight and Cordelio’s first jointly held Pacific Northwest asset to reach financial close, with development activities now moving into full-scale execution.