Pacific Green Technologies Inc. announced that it has reached financial close on a £120 million (USD 146 million) senior debt facility for Pacific Green?s 249 MW /373.5 MWh Sheaf Energy Park battery energy storage system in Kent, England (Sheaf Energy Park). The Facility is provided by a two-bank syndicate, with National Westminster Bank plc (NatWest) and UK Infrastructure Bank Limited (UKIB) contributing £60 million (USD 73 million) each. The Facility will be used to fund the development and construction of Sheaf Energy Park, following which repayment will occur on a 10 year amortization profile upon the start of commercial operations.