BW ESS Acquires 126 MW / 675 MWh BESS Portfolio in Valencia, Spain from Navacant
BW ESS has acquired two standalone utility-scale BESS projects in the Valencia region, Spain from developer Navacant, totalling 126 MW / up to 675 MWh. The projects (99 MW and 27 MW) are expected to reach Ready-to-Build status in 2027 with commercial operations targeted for 2028. BW ESS intends to own and operate the assets long-term.
Transaction date: · Source: bw-ess.com
Key facts
- Transaction date
- Technology
- Battery Storage (BESS)
- Capacity
- 126 MW
- Transaction price
- Not disclosed
- Buyer
- BW ESS
- Seller
- Navacant
- Country
- Spain
- Region
- Valencia
- Location
- Valencia region, Spain
- Continent
- Europe
- Development status
- Under Development
- PPA
- n.a.
Technology details
Two standalone utility-scale BESS projects in the Valencia region: 99 MW and 27 MW, totalling 126 MW / up to 675 MWh. Projects have been in development for approximately 18 months. Ready-to-Build status expected in 2027 with commercial operations targeted for 2028. CST Energy (Navacant partner) will continue leading the projects through the remaining development phase to RTB stage. BW ESS will lead construction and operations.
Additional information
BW ESS has been active in the Spanish energy storage market since 2025. The company intends to own and operate the assets long-term. BW ESS has more than 540 MWh of operating BESS globally, with approximately 11 GWh under construction and a multi-GW development pipeline. Active in the UK, Australia, Italy, Germany, Spain and Sweden.
Source
Original announcement: https://bw-ess.com/news/bw-ess-expands-spanish-energy-storage-platform-with-acquisition-of-valencian-projects-totalling-126-mw-up-to-675-mwh