Key facts
- Pathway Power finalized a $150 million finance facility.
- Funds managed by AB CarVal provided the financing.
- The facility is senior-secured.
- Funding will support late-stage development of battery storage assets.
- Costs covered include interconnection, PPA, and equipment deposits.
Pathway Power announced on June 5, 2026, that it has finalized a $150 million, senior-secured, finance facility. The funding comes from funds managed by AB CarVal and is designated to support the late-stage development of Pathway Power's battery storage assets. This includes covering essential pre-construction costs such as interconnection processes, Power Purchase Agreements (PPAs), and equipment deposits.