Home » Energy » Battery Storage » BrightNight, Cordelio Reach Financial Close on Greenwater Battery Energy Storage System (BESS) in Washington

BrightNight, Cordelio Reach Financial Close on Greenwater Battery Energy Storage System (BESS) in Washington

Home » Energy » Battery Storage » BrightNight, Cordelio Reach Financial Close on Greenwater Battery Energy Storage System (BESS) in Washington

Greenwater battery energy storage system (BESS) in Pierce County, Washington has reached a US$400 million financial close as BrightNight and Cordelio Power continue development for the 200 MW/800 MWh project. This also gives confidence in readiness to provide grid services to Puget Sound Energy (PSE). The project also supports Washington’s renewable energy transition, integration and diversification as the state continues with the development of project like Ostrea solar project and Orion nuclear fusion power plant.

BrightNight has also described the project as a ‘major step forward’ in modernizing the Pacific Northwest grid. The project is also a show-case of combining storage and digital infrastructure capabilities. The company also continues to grow its flexible dispatch portfolio in the U.S. through Greenwater battery storage project.

Factsheet for Greenwater Battery Storage (BESS) Project in Washington

Developer: BrightNight and Cordelio Power

Location: Pierce County, Washington

Capacity: 200 MW/800 MWh

Technology: Lithium-ion batteries

Offtaker: Puget Sound Energy (PSE)

Interconnection: PSE’s White River Substation

Project Financing: USD 400 million committed by a syndicate including Royal Bank of Canada, Crédit Agricole CIB, CoBank, National Bank of Canada, and Zions Bank.

Status: Financial close reached. Development phase underway. Construction planned to align with 2026 commissioning date.

Development Activities: Underway

Expected Commissioning Date: 2026

BrightNight, Cordelio Reach Financial Close on Greenwater Battery Energy Storage System (BESS) in Washington

Project Timeline

August 2024: City of Sumner approves Conditional Use Permit for transmission infrastructure for Greenwater BESS project.

February 2025: Cordelio confirms BESS procurement for expansion of storage pipeline. Greenwater is also included among planned deliveries.

December 2025: BrightNight and Cordelio announce 400 million dollars financial close on Greenwater. The financing unlocks capital for construction and commissioning.

2026 Onward: Construction and commissioning.

Outlook on Greenwater Battery Energy Storage System (BESS) Project in Washington

Greenwater BESS project represents a milestone for large scale battery energy storage systems in the United States. The 200 MW/800 MWh standalone battery system contracted to supply firm capacity to PSE is now fully financed for construction and commissioning. As 2026 approaches, the utility of battery storage projects continues to be cemented through helping with energy variability from renewables to supporting grid reliability.

Eugene Frank is a reporter with Construction Review Online. He writes about large projects and important deals in the construction industry with a particular interest in energy and technology sectors. Before Construction Review Online, Frank was a freelance writer covering energy and renewables.

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