![]() ![]() The cookie is used to store the user consent for the cookies in the category "Other. This cookie is set by GDPR Cookie Consent plugin. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. READ the latest Batteries News shaping the battery marketįrom Jupiter Power: First Citizens Bank Serves as Lead Arranger on $70.4 Million in Financing for Two Texas Battery Storage Projects, ![]() financial institution with more than $200 billion in assets. Parent company First Citizens BancShares, Inc. Headquartered in Raleigh, N.C., and now celebrating the 125th anniversary of its founding, First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations.įirst Citizens offers an array of general banking services including a network of more than 550 branches in 23 states and commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast. For more information on Jupiter Power LLC, please visit our Twitter, LinkedIn, or Facebook pages or visit About First Citizens Bankįirst Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. The company is developing more than 11,000MW of projects from California to Maine, and has offices in Austin and Houston, Texas, and Chicago, Illinois. Jupiter is a leading energy storage infrastructure platform with deep trading, analytics, development, finance, operations, and construction capabilities and unparalleled intellectual property in dispatch optimization. The unit manages a large, diverse portfolio that includes investments in all asset classes across the energy sector. The business leverages its deep industry knowledge and expertise to offer comprehensive financing solutions for renewable and conventional power generation. “We were pleased to work with an industry leader in arranging financing for these two projects.”įirst Citizens’ Energy Finance business, part of the bank’s CIT division, is widely recognized as a pioneer and leader in the financing of battery energy storage systems and renewable power projects. Jupiter Power has a growing reputation for excellence in battery energy storage system solutions. Mike Lorusso, managing director and group head for the Energy Finance team, said: ![]() “We appreciate the expertise of First Citizens’ Energy Finance team in working with us to arrange and close the financing for this Texas battery storage portfolio.” Click here to request more detailsĪcross the country, energy storage is increasingly important for strengthening grid reliability and meeting the growing demand for firm power arising from the energy transition. Please email David at or call/text him anytime at 64.□ What about we co-host a webinar? Let's educate, captivate, and convert the battery economy!īatteries News is the global go-to online magazine for the battery industry, we can help you host impactful webinars that become a global reference on your topic and are an evergreen source of leads. Above all, David is passionately dedicated to finding the right life balance, spending as much time as possible with his wife and two young daughters in the great city of Cranston.ĭavid is also an active NAHREP member and a board member of the Mae Organization for the Homeless. David is also fluent in Spanish, has a profound knowledge of piano repair, and collects old salsa vinyl records. When David is not working to provide clients with incredible service, he moonlights as the singer, composer, arranger, and founder of his salsa band Avenida B, which actively performs and records. In fact, “This guy is amazing!” are words many satisfied clients and realtor partners have shared. David combines and focuses his passion for real estate and helping people by delivering unparalleled service that causes clients to spread the word about his superb skills as a loan officer. He has also managed millions of square feet of commercial, industrial, and residential property, given back to his community as an employee of his neighborhood Boys’ Club, and worked as a project manager for prestigious and unique multi-million dollar projects. His first job was as a sheetrock taper in New York City’s Washington Heights. While this was not always optional, it set the foundation for a passion for real estate spanning 22 years. David spent many hours helping his dad fix things around the house growing up. ![]()
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