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Press Releases

The latest news from Alpha Omega Power.

September 25, 2025

Alpha Omega Power Achieves Tax Equity Financial Close on Vertus Standalone Battery Energy Storage Project in Texas

AOP and Fengate closed a tax equity capital commitment with First Citizens Bank and East West Bank on the 200 MW / 400 MWh Vertus Energy Storage Project in Galveston County, Texas, currently under construction.

Vertus battery storage project
July 1, 2025

Nipomo Caballero Battery Energy Storage Facility Fully Operational — Local Charities Selected for Donations

The Caballero BESS facility became fully operational on April 1, 2025. AOP hosted a community open house and donated $7,500 to local organizations including STEM scholarships and the 5 Cities Homeless Coalition.

Caballero battery energy storage facility
June 24, 2025

Fengate and Alpha Omega Power Start Operations at Caballero Battery Energy Storage System

The 100 MW / 400 MWh Caballero BESS in Nipomo, California achieved full commercial operations — the first facility of its kind in San Luis Obispo County, providing enough clean energy to power 100,000+ homes for up to four hours.

Caballero operations announcement
November 25, 2024

Fengate and Alpha Omega Power Achieve Financial Close on 400 MWh Battery Storage Project in California

Fengate and AOP achieved financial close on the Caballero BESS, a 400 MWh battery storage project in California, with financing from MUFG Bank and U.S. Bancorp Impact Finance.

Financial close announcement
March 15, 2023

Fengate Closes on Battery Energy Storage Development Partnership with Alpha Omega Power

Fengate Asset Management partnered with Alpha Omega Power to build a leading BESS developer and independent power producer platform focused on utility-scale standalone battery storage projects.

Fengate partnership announcement