esVolta, LP announced a $110 million tax equity deal with Greenprint Capital Management to fund the construction of the 300 MWh Hummingbird battery energy storage project in San Jose, California. Set to be completed in 2025, the project will enhance Pacific Gas & Electric’s resource adequacy capacity and provide fast energy services to the CAISO market, while creating around 200 local jobs. esVolta’s CEO, Randolph Mann, emphasized the importance of this milestone for transitioning to a reliable, decarbonized power grid, while Greenprint highlighted its commitment to supporting clean energy investments.