Energy Gates Acquires 50 MW / 100 MWh Ready-to-Build BESS Project in Lithuania from Aquila Clean Energy
Aquila Clean Energy has completed the sale of a 50 MW / 100 MWh ready-to-build battery energy storage project in Lithuania to Energy Gates. The two-hour duration BESS asset will support grid flexibility, renewable integration and long-term energy security in the Baltic region.
Transaction date: · Source: aquila-clean-energy.com
Key facts
- Transaction date
- Technology
- Battery Storage (BESS)
- Capacity
- 50 MW
- Transaction price
- Not disclosed
- Buyer
- Energy Gates
- Seller
- Aquila Clean Energy
- Country
- Lithuania
- Region
- Baltic States
- Location
- Lithuania
- Continent
- Europe
- Development status
- Ready-to-Build
- PPA
- n.a.
Technology details
Standalone battery energy storage system with an installed capacity of 50 MW and 100 MWh, providing two-hour duration storage. All key development milestones have been secured, enabling near-term construction.
Additional information
The transaction closed on 31 December 2025 and involves the sale of a ready-to-build BESS project designed to provide flexibility services to the Lithuanian power system. The asset will support grid stability, renewable energy integration and enhanced energy security across the Baltic region. This is Energy Gates’ third battery storage asset and reflects strong confidence in the Lithuanian energy storage market. Aquila Clean Energy was advised by EY Parthenon, Esteem and COBALT, while Energy Gates was advised by WIDEN.
Source
Original announcement: https://www.aquila-clean-energy.com/news/aquila-clean-energy-and-energy-gates-announce-the-closing-of-a-ready-to-build-50-mw-100-mwh-battery-energy-storage-project-in-lithuania/