Proposed Bond Ordinance Names Exus Energy Storage Affiliate

Torrance County proposed a future bond ordinance that would finance and lease an energy storage facility for Exus North America Holdings, LLC or an affiliate. The contemplated taxable industrial revenue bonds would total up to $150 million and remain subject to County approval of the ordinance and related transaction documents.

Document date · September 23, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Taxable industrial revenue bonds in an aggregate principal amount not to exceed $150,000,000

Contract type

FINANCIAL_SERVICES

Contract term

Proposed bonds intended to be issued on or before September 23, 2029; bond term not to exceed 30 years

Renewal date

2029-09-23

Renewal

Future bond issuance, lease, indenture, and purchase documents require approval through a bond ordinance. The resolution’s intent is conditioned on issuance within three years of September 23, 2026.

Document type

Resolution

Source document

Torrance County Resolution No. 31 Intending to Issue Taxable Industrial Revenue Bonds for Britton Storage Project 2026-09-23

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Torrance County?

Exus North America Holdings Llc was awarded this financial services contract by Torrance County, as recorded on September 23, 2026. The contract value is Taxable industrial revenue bonds in an aggregate principal amount not to exceed $150,000,000.

How much is the Exus North America Holdings Llc contract with Torrance County worth?

The Exus North America Holdings Llc contract with Torrance County is valued at Taxable industrial revenue bonds in an aggregate principal amount not to exceed $150,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Torrance County Resolution No. 31 Intending to Issue Taxable Industrial Revenue Bonds for Britton Storage Project 2026-09-23 (Resolution), dated September 23, 2026 from Torrance County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Exus North America Holdings Llc hold?

Exus North America Holdings Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Exus North America Holdings Llc's profile

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Explore Torrance County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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