Bimergen Energy Acquires 79.2 MW BESS Portfolio in ERCOT South Texas from Aggreko
Bimergen Energy Corporation has completed the acquisition of eight late-stage 9.9 MW distributed generation battery energy storage projects in the ERCOT South region of Texas from Aggreko's IPP Solutions business, totalling 79.2 MW. Financed through a joint venture with RelyEZ, the projects will use lithium-based utility-scale batteries, with five projects expected to reach commercial operation in late 2026 and three in early 2027.
Transaction date: · Source: ir.bimergen.com
Key facts
- Transaction date
- Technology
- Battery Storage (BESS)
- Capacity
- 77 MW
- Transaction price
- Not disclosed
- Seller
- Aggreko
- Country
- United States
- Region
- South, Texas
- Continent
- North America
- Development status
- Under Development
- PPA
- n.a.
Technology details
Eight late-stage 9.9 MW distributed generation (DG) battery energy storage projects using RelyEZ lithium-based utility-scale batteries. Total nameplate capacity of 79.2 MW. Five projects anticipated to reach In Service Date (ISD) in late 2026, remaining three in early 2027. Projects designed to provide frequency regulation, voltage support, energy arbitrage and peak capacity support.
Additional information
Acquisition financed through Bimergen's joint venture with RelyEZ. Construction contracts to be awarded in the near future. Projects positioned to support grid stability, renewable integration and accelerating power demand in ERCOT South, one of the fastest-growing and most capacity-constrained US energy markets. Bimergen is listed on NYSE American under tickers BESS and BESSWS.