The Bexar Martinez project and B2U’s other sites also qualify for the domestic content bonus under the investment tax credit (ITC), have received 3rd party financing, and have been acquired by B2U Infrastructure Partners.
In November 2023, B2U put its second major project into commercial operation, the 3MW/12MWh Cuyama BESS using Honda Clarity EV batteries, located near New Cuyama, California.
The company’s flagship project, the 28MWh Sierra facility, which is also located in California, uses batteries from multiple vehicle manufacturers, including Nissan, Chevy, Tesla and Ford.
In December 2025, our colleagues at EV Infrastructure News reported that B2U launched a structured finance fund with a portfolio of seven second-life BESS projects.
The company will retain an interest in the fund while managing day-to-day operations of projects owned by the fund. Via this strategic financing, B2U will divest operating projects and invest the proceeds in the business.
