GridStor Acquires Battery Storage Project from Black
GridStor''s acquisition of the battery energy storage project in Oklahoma from Black Mountain Energy Storage comes amid a need for new power resources to support the region''s electric system reliability.
Giga Storage enters German market with 1.4 GWh
The acquisition of the GIGA Albatross project represents an important building block for the internationalization of the Dutch business. The battery storage facility fits seamlessly into Giga Storage''s vertically integrated
Econergy acquires 200 MWh of German batteries
Many other projects are currently under development. | Image: Econergy Israel-headquartered developer Econergy Renewable Energy announced its entry into the German market on Wednesday with the
GridStor Announces Acquisition of Oklahoma Battery Energy Storage
- GridStor has acquired a 200 MW / 800 MWh battery storage project in Oklahoma from Black Mountain Energy Storage. - The project will be developed in two phases
Global M&A trends in energy, utilities and resources
For example, in Canada, recent transactions focused on renewables—including wind, hydropower and solar—and increasingly on battery storage include CDPQ''s proposed $10bn acquisition of Innergex, a Quebec
Wollemi Capital pumps $100 million into distributed solar, battery
Climate-focused venture capital firm Wollemi Capital has committed to investing more than $100 million to expand renewables developer MPower''s pipeline of mid-scale solar
Germany: TotalEnergies Acquires Kyon Energy, a
Paris, January 23, 2024 – As part of its development as an integrated power player in Germany, TotalEnergies has signed an agreement to acquire from its three founders the entire share capital of Kyon Energy, one of the leading
Equinor acquires energy storage developer in the US
Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC. The acquisition supports Equinor''s ambition to be a leading company in the energy transition
Recurrent Energy Expands ERCOT Storage Pipeline
GUELPH, ON, June 16, 2022 — Recurrent Energy, LLC ("Recurrent"), a wholly owned subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ), today announced the acquisition of two standalone energy storage projects
Generali-backed energy projects firm to buy £210m UK battery storage
A newly created clean-energy projects investment company majority owned by Generali Investments has bought a 249MW battery energy storage system (BESS) project in
FRV to acquire 2 new battery energy storage projects
• FRV has announced the acquisition of two battery energy storage projects (BESS) comprising the battery storage plants, both located in the Midlands, United Kingdom. • Each plant will generate up to 50MW of energy
Battery storage M&A powers into 2024 | M&A Explorer
In mid-February, Arevon Energy and Blackstone closed a US$350 million deal relating to the 200-MW Condor Energy Storage Project in California. Later that month, North Carolina''s Strata Clean Energy secured
RWE acquires 599MW of solar and energy storage
RWE Clean Energy, a subsidiary of German utility RWE, has expanded its operations in the US with the acquisition of a 599MW portfolio of three solar and battery energy storage systems (BESS) projects.
Hitachi Energy acquires remaining stake of eks Energy,
Zurich, August 28, 2025 – Hitachi Energy, a global leader in electrification, has completed the acquisition of the remaining stake in eks Energy, a technology and market leader in power
Zenobē announces the acquisition of a key battery storage site in
Congratulations to Zenobē on this significant acquisition and wish them every success as take the project into construction. The scale of this transaction underscores the
Dominion acquires Virginia battery energy storage project
One of Dominion''s three Virginia pilot BESS projects, deployed at an existing solar PV plant. Image: RES. US utility Dominion Energy has taken another small step towards
Eku Energy enters New Zealand with 300 MW battery
Eku Energy has acquired a 300 MW battery energy storage project in New Zealand''s Waikato region, marking its entry into the country. The project will be co-developed with local firm Helios Energy and will connect to
Generali-backed energy projects firm to buy £210m
A newly created clean-energy projects investment company majority owned by Generali Investments has bought a 249MW battery energy storage system (BESS) project in the UK for £210m (€241m). Sosteneo has
EDF Renewables expands battery storage portfolio in Poland
EDF Renewables has completed the acquisition of a second battery energy storage project in Poland, with a capacity of 120 MW, increasing its total storage capacity in the
ENGIE acquires 6 GW of solar and battery storage capacity projects
The projects are a strong addition to ENGIE''s existing renewables and storage pipeline in the U.S. "This acquisition is a perfect illustration of ENGIE''s strategy to accelerate
Battery storage M&A powers into 2024 | M&A Explorer
Battery energy storage systems (BESS), which enable utility companies and grid operators to access pools of surplus renewable energy on demand that would otherwise be wasted, play a central role in the global
GRIDSTOR ANNOUNCES ACQUISITION OF TEXAS
GridStor is backed by Goldman Sachs Asset Management and comprises a team of seasoned energy professionals with a record of past accomplishments in energy storage and clean energy project acquisition,
S4 Energy to Acquire 310 MW Battery Energy Storage Portfolio in
In addition to the LCEGS acquisition, S4 Energy also acquired a 6 GW portfolio of energy storage projects in the Netherlands from LC Energy. The company has plans to
RWE acquires 599MW of solar and energy storage projects in US
RWE Clean Energy, a subsidiary of German utility RWE, has expanded its operations in the US with the acquisition of a 599MW portfolio of three solar and battery energy
Q CELLS'' first step into large-scale battery storage is
Q CELLS has acquired a utility-scale battery energy storage system (BESS) project under development in Texas, marking the vertically-integrated solar PV and smart energy solutions company''s first standalone
Gore Street Energy Storage Fund plc | Portfolio Update and Acquisition
Notes to Editors About Gore Street Energy Storage Fund plc Gore Street is London''s first listed energy storage fund and seeks to provide shareholders with a significant opportunity to invest
GIGA Storage Acquires 350MW/1.400MWh Project GIGA
Amsterdam / Neuenkirchen, June 16, 2025 — GIGA Storage, a Dutch developer and operator of battery energy storage systems (BESS), today announced the acquisition of Project GIGA
6 FAQs about [Acquisition of energy storage projects]
What is the future of battery storage?
The US is leading the global race in the development of battery storage, with demand for BESS expected to increase sixfold by the end of the decade. Capacity is expected to almost double in 2024 to more than 30 GW, as development of energy storage projects accelerates in line with the rapid growth of variable solar and wind assets.
Who owns Blackstone battery energy storage system?
In Q4 2023, renewable energy company Octopus Investments Australia, which is majority owned by the UK-based Octopus Group, acquired the Blackstone Battery Energy Storage System. With an expected enterprise value of US$514 million once operational, it is the largest proposed battery project in the state of Queensland.
What is a battery energy storage system?
Battery energy storage systems (BESS), which enable utility companies and grid operators to access pools of surplus renewable energy on demand that would otherwise be wasted, play a central role in the global energy transition.
Who owns Giga storage?
Isenau works in close partnership with institutional and corporate investors to develop high-impact energy infrastructure opportunities. The acquisition is backed by InfraVia Capital Partners, a leading European infrastructure investor and majority shareholder in GIGA Storage.
Is the UK ready for the next big thing in battery storage?
The UK’s battery storage capacity is projected to expand to 24 GW by 2030, attracting investments of up to US$20 billion and accounting for 9 percent of global installation capacity. Major private investors are looking to the UK for the next big thing in battery storage.
How many battery storage M&A deals were announced in 2023?
According to Inframation, 227 battery storage M&A deals were announced in 2023, up 15.8 percent from the year before. These transactions were worth a combined US$24.1 billion, nearly triple the value recorded in 2022. In both volume and value terms, 2023 represented a new dealmaking high for the subsector.