Eelpower Energy Acquires 50 MW / 100 MWh Stoneworthy BESS Project in Devon from RES

Eelpower Energy, backed by Equitix, Aware Super and the National Wealth Fund, has acquired the 50 MW / 100 MWh Stoneworthy battery energy storage project in Devon from RES. Construction is scheduled to begin in 2027 with commercial operations expected in 2028. This is Eelpower Energy's fourth acquisition since its formation in September 2025.

Transaction date: · Source: renewableenergymagazine.com

Key facts

Transaction date
Capacity
50 MW
Transaction price
Not disclosed
Seller
RES
Region
Devon
Location
South of Pyworthy substation, Devon, England
Continent
Europe
Development status
Ready-to-Build
PPA
n.a.

Technology details

50 MW / 100 MWh battery energy storage system. Construction due to commence in 2027 with commercial operations expected in 2028. Located on land south of the Pyworthy substation in Devon.

Additional information

Eelpower Energy's fourth asset acquisition since its formation in September 2025. Eelpower Energy plans to invest £500 million in flexible BESS assets in Great Britain and is targeting over 1 GW of grid-scale battery assets to become a leading owner-operator of flexibility on the GB electricity system. Backed by Equitix, Aware Super and the National Wealth Fund.

Source

Original announcement: https://www.renewableenergymagazine.com/storage/eelpower-energy-acquires-stoneworthy-battery-storage-project-20260527

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