Bitech Technologies Corporation and Bridgelink Development, LLC are set to merge, securing significant financing for a 5.8 GW utility power pipeline and forming a joint venture for 3.840 GW solar and 1.965 GW BESS projects in Texas, Arizona, and Louisiana, in the U.S. Key elements include a $250 million Share Subscription Agreement, $100 million for a late-stage BESS project, and the sale of Incentive Tax Credits. The business combination involves a $50 million capital infusion, creating two divisions focused on project development and technology solutions. The collaboration aims to accelerate sustainable energy solutions and positively impact the clean energy landscape.
Bitech and Bridgelink join forces in massive 5.8 GW PV and storage deal
The collaborative effort aims to make a significant difference for employees, stakeholders, and the environment, emphasizing a commitment to driving positive change. Image Credit Bitech Technologies.
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