Hansa Battery Sells 99 MW Ready-to-Build BESS Project in Hilgermissen, Lower Saxony to Major IPP
Hansa Battery has sold its 99 MW ready-to-build standalone BESS project near Hilgermissen, Lower Saxony, Germany to a major undisclosed IPP via a competitive process advised by JLL Energy & Infrastructure Advisory. The 100% SPV share sale is expected to reach commercial operation in H2 2028, qualifying for Germany's 20-year grid-fee exemption.
Transaction date: · Source: jll.com
Key facts
- Transaction date
- Technology
- Battery Storage (BESS)
- Capacity
- 99 MW
- Transaction price
- Not disclosed
- Seller
- Hansa Battery
- Country
- Germany
- Region
- Lower Saxony
- Location
- Near Hilgermissen, Lower Saxony, Germany
- Continent
- Europe
- Development status
- Ready-to-Build
- PPA
- n.a.
Technology details
99 MW standalone battery energy storage system at ready-to-build stage. Transaction structured as a 100% share sale of the project SPV. Commercial operation expected in H2 2028. Project qualifies for Germany's 20-year grid-fee exemption applicable to qualifying storage assets commissioned by August 2029.
Additional information
JLL Energy & Infrastructure Advisory acted as exclusive sell-side M&A advisor to Hansa Battery. Process attracted strong international investor interest. Buyer is a major IPP but remains undisclosed. Hansa Battery is a German developer specialising in utility-scale battery storage from site origination through to Ready-to-Build status. Publication date not specified in source.
Source
Original announcement: https://www.jll.com/en-uk/newsroom/jll-advises-hansa-battery-on-sale-of-99-mw-ready-to-build-german-bess-project