NineDot Energy
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Energy StorageNew Technologies, New Sites Supporting Growth of Energy Storage
Advancements in energy storage, including new battery types and longer-duration batteries, are driving innovation in the sector. Retired power generation plants are being repurposed as storage sites, and the
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Press Releases
CIT Serves as Co-Lead on $85 Million in Financing for NineDot Energy, Portfolio of Storage Projects
NEW YORK — Dec. 7, 2022 — CIT, a division of First Citizens Bank, today announced that its Power and Energy business served as co-coordinating lead arranger on an $85 million construction-to-term debt financing for NineDot Energy LLC (“NineDot Energy”), a leading developer of distributed community energy projects in the New York City metro region. NineDot […]