S4 Energy Acquires 30 MW Battery Storage Project in Northwest England from Electric Land
S4 Energy has signed an agreement to acquire a 30 MW battery energy storage project in Northwest England from Electric Land, marking the companies' second UK transaction following the Barton project. The deal further expands S4 Energy's pan-European storage platform, which includes operational assets in the Netherlands and projects under construction in Germany. Electric Land will retain the freehold of the asset within its Stonepeak-backed ELI platform.
Transaction date: · Source: s4-energy.com
Key facts
- Transaction date
- Technology
- Battery Storage (BESS)
- Capacity
- 30 MW
- Transaction price
- Not disclosed
- Buyer
- S4 Energy
- Seller
- Electric Land
- Country
- United Kingdom
- Region
- Northwest England
- Continent
- Europe
- Development status
- Under Development
- PPA
- n.a.
Technology details
30 MW grid-scale battery energy storage system (BESS) in Northwest England.
Additional information
This is the second transaction between S4 Energy and Electric Land in the UK, following the Barton project. Electric Land Investors REIT (ELI) is majority funded by Stonepeak's Global Renewable Fund II. S4 Energy's European pipeline exceeds 20 GWh of battery storage capacity.
Source
Original announcement: https://www.s4-energy.com/news/s4-energy-expands-uk-footprint-with-30mw-battery-storage-acquisition/