Envision Energy, a manufacturer of wind turbines, energy storage systems, and green hydrogen products, has closed a $500 million vendor financing agreement with BBVA Corporate & Investment Banking to support its global expansion across Europe, Asia, and Latin America.
The vendor financing program is designed with a flexible structure, offering diversified financing instruments, extended payment terms, and optimized working capital solutions. It enables financing to be arranged early in the project development cycle and provides advisory support throughout the lifecycle of renewable energy projects.
The facility is expected to reduce capital constraints for customers and accelerate Envision’s global business expansion.
The agreement builds on Envision’s existing relationship with BBVA. Earlier this year, the company secured a $600 million equivalent sustainability-linked syndicated loan in Hong Kong, with BBVA acting as one of the mandated lead arrangers. The latest financing further reflects continued support from international financial institutions for Envision’s growth strategy and technology offerings.
Henry Peng, Senior Vice President, Envision Energy & President of EU & LATAM Regions, said: “The global energy transition requires not only technological innovation, but also forward-looking financial solutions that can accelerate deployment at scale. This vendor financing program with BBVA enables us to optimize working capital while supporting the faster deployment of our renewable energy technologies across strategic markets in Europe, Asia, and Latin America. By combining advanced clean energy technologies with innovative financial solutions, we are helping accelerate the transition toward a net-zero energy system and a new era of sustainable prosperity.”
According to Mercom’s Annual and Q4 2025 Funding and M&A for Energy Storage report, announced debt and public market financing for Energy Storage companies in 2025 decreased 30% YoY, with $11.4 billion in 44 deals compared to $16.2 billion in 32 deals in 2024. Despite the lower capital raised, deal activity increased 38% YoY.
Earlier, in 2026, utility-scale energy storage project developer Energy Vault announced the closing of an upsized $150 million financing through convertible senior notes, up from the initially announced $125 million offering.
