#United States #Linea Energy #DESRI #Matagorda County #Duffy BESS

DESRI and Linea Energy Announce a Milestone Investment

In a significant development for renewable energy infrastructure, DESRI and Linea Energy have officially entered into a preferred equity financing agreement aimed at bolstering the Duffy BESS project in Matagorda County, Texas. This project features a utility-scale battery energy storage system with a capacity of 235 megawatts (MWac) designed for a two-hour duration, playing a crucial role in enhancing grid reliability within the state.

In December 2025, the project's debt financing was finalized and the completion for moving forward was secured, laying the groundwork for this minimal carbon business initiative.

Peter Koczanski, who leads corporate development at DESRI, expressed enthusiasm regarding the investment, emphasizing its importance for improving energy infrastructure in Texas. He remarked, “This project is delivering critical battery energy storage infrastructure for enhanced grid reliability in Texas. We are thrilled to partner with a respected power generator like Linea, and this investment signifies our capabilities in offering capital solutions for renewable energy projects.”

Cassidy DeLine, CEO of Linea Energy, noted that the Duffy BESS project is not just an innovative energy storage solution but also a pivotal addition to Linea’s growing portfolio. “The financing from DESRI underscores our prowess in project execution and our ability to engage premier capital partners aligned with our mission to expedite energy transitions and fortify grid resilience,” DeLine stated.

About Linea Energy

Linea Energy is recognized as a leading independent power producer dedicated to the development, ownership, and operation of clean energy infrastructures. Based in San Francisco, California, the firm is at the forefront of promoting energy transitions through a diverse array of solar, battery storage, and wind initiatives. Their partnership with EnCap Energy Transition emphasizes a commitment to sustainable energy solutions, laying the foundation for a low-carbon future.

About DESRI

DESRI specializes in developing, acquiring, and managing long-term contracted renewable energy assets in the United States. Their robust portfolio currently encompasses over 80 projects spanning solar, wind, and storage, demonstrating an aggregate capacity of more than twelve gigawatts. By acting not only as project owners but also as financial investors in the renewable sector, DESRI plays a pivotal role in expanding the industry.

Significance of the Duffy BESS Project

The Duffy BESS project is more than just a renewable energy initiative; it represents an important step toward improved energy reliability in Texas amidst the growing challenges of climate change. This initiative aligns with the broader objective of enhancing grid stability while integrating more renewable energy sources into the state’s power mix.

The cooperation between DESRI and Linea Energy reflects a growing trend among renewable energy firms to collaborate on large-scale projects to expedite the transition towards cleaner sources of energy. As such partnerships emerge, they demonstrate the ability of private companies to contribute significantly to national objectives for sustainability and energy security.

For further details about these companies and their future projects, visit Linea Energy and DESRI.