SUSI invests in 63 MW US battery storage portfolio

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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.

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