AIP Management has agreed with Southern Power to co-develop two 4-hour battery energy storage systems (BESS) in California, with a total combined capacity of 160 MW / 640 MWh.
Southern Power has been awarded two 20-year power purchase agreements by Southern California Edison (SCE) and is adding battery-based energy storage resources at both Tranquillity Solar Facility and Garland Solar Facility in California.
The BESS will be co-located with the operational solar PV facilities Garland and Tranquillity in Kern and Fresno County, respectively. AIP acquired a 49% equity stake in the solar PV facilities in 2018 with Southern Power owning the remaining 51%. AIP’s investment in the battery systems will be completed under the existing partnership on behalf of the Danish pension funds PKA and PenSam.