# Macquarie Group finances battery storage project in Southern California

Macquarie Group's green investment arm closed a third round of debt financing to build battery storage sites in Southern California, now estimated at 63 MW, for Southern California Edison.

- Type: Investment
- Announced: 2019-03-26
- Where: Southern California, United States
- Value: $100.0M
- Status: announced
- Capacity: 63 MW
- Products: battery storage
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Southern California Edison](https://endata.com/companies/20884.md) (customer)
- [Macquarie Group](https://endata.com/companies/38311.md) (investor)

## Sources

- [labusinessjournal.com](https://labusinessjournal.com/news/weekly-news/ares-bets-big-hvac-provider-growth/), 2019-03-28: "The latest round of financing announced March 26 will complete that plan — now estimated to grow to a 63-MW project."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.