Eagle Point Credit Management LLC (“Eagle Point”), an innovative private credit investment manager, today announced it has provided a $28.5 million senior secured term loan to Heritage Energy Storage DevCo I LLC (“Heritage”), owned by Heritage Energy Holdings, LLC, a Texas-based solar and storage developer. Heritage Energy Holdings is an independent company to Heritage Power, LLC, a retail electricity provider offering customized residential and commercial energy plans to customers across deregulated markets in the state.

The financing supports Heritage’s strategy to develop, build and operate a network of sub-10 MW battery storage and solar projects across approximately 40 sites in Texas. The portfolio is designed to operate as a virtual power plant, enabling efficient participation in the ERCOT market while benefiting from faster interconnection timelines than utility-scale projects.

“This transaction exemplifies Eagle Point’s ability to directly originate and deliver highly structured, asset-backed financing solutions under complex and time-sensitive circumstances,” said Brittany Pinkerton, Principal, Infrastructure Credit at Eagle Point. “Our deep industry expertise and collateral-focused analysis enabled our team to efficiently execute this investment ahead of a critical year-end deadline for Heritage. Their distributed generation model, combined with strong collateral and downside protection, aligns well with our disciplined approach to infrastructure credit investing, and we look forward to the success of the projects.”

“We are incredibly excited to partner with Eagle Point on this financing,” said Tim Sanchez, Chief Executive Officer at Heritage Power. “Eagle Point was a unique and differentiated experience for us – they demonstrated true domain knowledge of our industry and were incredibly responsive in delivering a capital solution under the time pressure of year-end. Their commitment lays the foundation for the next phase of our growth as we advance the development of more than 40 battery and solar distributed-generation sites across Texas. Together, we’re strengthening the state’s energy infrastructure and delivering reliable, cleaner power to the communities that depend on it.”

The transaction underscores Eagle Point’s differentiated origination capabilities and expertise in structuring infrastructure credit investments with strong collateral protection and attractive risk-adjusted return profiles.

Hudson Sustainable Group served as strategic advisor and co-sponsor to Heritage in connection with the transaction, working alongside management on the formation and capitalization of the Heritage distributed generation and energy storage platform. Baker Botts LLP and Denmon Sigler Law, P.C. served as counsel for Heritage.

About Eagle Point Credit Management

Eagle Point^® is an investment manager focused on private credit strategies in inefficient markets, including Portfolio Debt Securities, Regulatory Capital Relief transactions, Infrastructure Credit, Strategic Credit investments, Specialty Finance and CLO securities. Founded by Thomas Majewski in partnership with Stone Point Capital in 2012, Eagle Point manages $14 billion on behalf of institutional and retail investors and has over 125 professionals. Please visit www.eaglepointcredit.com for more information.

About Heritage Energy Holdings

Heritage Energy Holdings is a vertically integrated energy platform in ERCOT with a portfolio of distributed solar and battery storage assets and a power purchase arrangement with Heritage Power, an independent power generation company. Founded by electricity entrepreneurs with over 40 years of combined experience in the Texas deregulated market, Heritage serves residential, commercial, governmental and industrial customers with customized energy solutions. By controlling both generation and customer load, Heritage optimizes value across the energy spectrum while delivering reliable power and managing market volatility through advanced virtual power plant orchestration.

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