Strata Clean Energy, a developer, owner, and operator of renewable energy projects, secured $559 million in financing for a 255 MW/1,020 MWh Scatter Wash energy storage complex. The energy storage project construction began on January 18 and is expected to be operational by April 2025. A consortium of financial institutions collaborated to secure the necessary funding for this project. J.P. Morgan and Nomura acted as Coordinating Lead Arrangers and Joint Bookrunners.