infrastructure · Energy transition
Granite Peak Storage
Utility-scale battery storage projects in the US Southwest.
- Fund
- Pelham Infrastructure Fund II
- Strategy
- Infrastructure
- Employees
- 48
- Revenue (illustrative)
- $96M
Investment thesis
Granite Peak develops, owns, and operates utility-scale lithium-ion battery storage projects across Arizona, Nevada, and New Mexico. The first 480 MW of capacity reached commercial operation in 2024, contracted under long-term tolling agreements.
“Pelham brought construction discipline. We hit commercial operation within four weeks of forecast.”
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