Granite Source Power (GSP) is a greenfield utility-scale energy development company that develops battery storage and renewable projects using an owner-operator mindset. Founded in 2022, GSP focuses on addressing risks at the foundation of project development and operations. The company is marketing a diversified, resilient 2 GW stand-alone battery storage portfolio with Marathon Capital, LLC. GSP recently secured $40M in Strategic Growth Capital as an equity partnership. The investment is intended to fund further renewable and battery storage development in GSP’s core markets. The financing strengthens GSP’s capital base to advance its utility-scale project pipeline.

Total raised

$40M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023