SUSI invests in 63 MW US battery storage portfolio
SUSI Partners acquires a 50% stake of a portfolio of behind-the-meter battery storage systems from Macquarie’s Green Investment Group. The projects are located in the Western LA basin in California and have a total capacity of 63 MW/340 MWh.
The portfolio was originally developed by AMS, a local developer who will continue to manage and dispatch the assets. The diversified portfolio has a total storage capacity of 340 MWh and comprises over 90 individual battery storage assets, which are substantially contracted for 10 years and are spread across multiple high-load commercial and industrial host sites. The transaction will be funded by the SUSI Energy Storage Fund and marks SUSI Partners’ first investment in the US.
Country updates
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April 15, 2019
E.ON begins construction of Cranell Windfarm
E.ON has announced the Cranell Windfarm, a 220 megawatt (MW) project, located in Refugio County, Texas, is under construction and it expects to commission the project before the end of 2019.
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April 12, 2019
Avista signs PPA for Clearway Energy Group’s 144 MW wind project in US
Avista, through a request for proposal issued in June 2018, has been selected to purchase power generated by the proposed Rattlesnake Flat Wind project in Adams County, Washington. Rattlesnake Flat W...
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April 11, 2019
EDF and TEP partner to develop a 247 MW wind project in New Mexico
EDF Renewables North America has announced they have entered into a Build and Transfer Agreement (BTA) with Tucson Electric Power (TEP) for the 247.4 MW Oso Grande Wind Project located...
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April 11, 2019
Hawaii approves PPA deal of Hawaiian Electric Company with Clearway Energy for Mililani I Solar and Waiawa Solar Projects
The Hawaii Public Utilities Commission (PUC) has approved the power purchase agreement (PPA) deal of Clearway Energy Group and the Hawaiian Electric Company for the two solar projects: Milil...
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April 10, 2019
Entergy and NextEra plan to develop 100 MW solar PV project in US
Entergy Arkansas, LLC, and NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. plans to build a 100-megawatt solar energy facility in White County near Searcy. This project, pending ap...
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