TagEnergy, a clean energy company investing in competitive generation and storage assets, secured financial closure on the 49.9 MW/ 99.8 MWh Pitkevy facility in Fife, Scotland. The energy storage project was financed under a non-recourse green loan package of up to £70 million (~$88.35 million), provided by lenders Santander UK, Rabobank, and Triple Point on a fully merchant basis (except for Capacity Market revenues).