Q Cells completes 190 MW Sputnik Energy Storage acquisition

Date November 17, 2021
Type M&A Transactions
Subtype Transaction completed
Countries (USA) United States of America
Subsectors Energy Storage
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Q CELLS USA Corp. has completed the acquisition of the Sputnik Energy Storage development project from Belltown Power Texas, LLC. The project is located in Hunt County, Texas, and will be connected to the Rayburn County Electric Cooperative, Inc. grid.

The Sputnik Energy Storage Project is a 190 MW/380 MWh standalone storage facility, which is expected to operate in the ERCOT market. The project is planned to be commissioned in 2022. 

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