Funding
Credit facility · Climate tech

Heron Power secures $60m credit facility

J.P. Morgan and TriplePoint Capital backed factory conversion and operational scale-up.

Updated Oct 16, 2026By RoundOS Funding desk

Heron Power secured a $60 million credit facility from J.P. Morgan and TriplePoint Capital.

The facility will fund conversion of a California site into a mass-production factory and scale operations. Heron is preparing utility-scale pilots of its software-controlled power equipment, with an RWE pilot and mass production targeted for 2027.

Use of funds

Convert a facility into a mass-production factory

Scale operations

Funding history

Credit facility · This round$60M

Sources

  1. Heron Power Raises $60M in Credit Facilityfinsmes.com · Sep 10, 2026
  2. heronpower.com
  3. heronpower.com
  4. heronpower.com

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