BESS owner-operators Return and BW ESS have financed and acquired large-scale projects in Spain and France, respectively, totalling a little over 1GWh.

Recently, US BESS companies Energy Vault and Goshe, SMT Energy and Climate Adaptive Infrastructure, and NeoVolta and SK On have made major deals and secured strategic partnerships.

ESR, a Singapore-headquartered real asset owner and manager focused on logistics real estate and data centres, has signed an agreement to acquire 100% of Aquila Clean Energy APAC.

Palisade Investment Partners has acquired 100% interests in two development-stage renewable energy projects through Intera Renewables.

Developers who buy or flip battery storage projects mid-life risk inheriting decommissioning liabilities they had not properly accounted for.

BW ESS has acquired a 1,000MWh battery storage system in Riverina, New South Wales, from Australian developer ACEnergy.

Switzerland-headquartered power firm Alpiq will acquire a 90% stake in UK-based BESS developer-operator Harmony Energy.

US solar manufacturer T1 Energy has entered into a definitive agreement to acquire vertically integrated battery energy storage system (BESS) company KORE Power.

US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.

CleanPeak Energy Holdings has signed an agreement to acquire 100% of Sustainable Energy Infrastructure (SEI), one of Australia’s largest owners and developers of sub-5MW solar and battery storage assets.