From: Mercom Capital GroupLondon Stock Exchange-listed battery storage investment fund Gore Street has completed the acquisition of a 90% stake in a 22 MW/28 MWh operational energy storage asset in Cremzow, Germany. The Cremzow site was developed in two stages by Leclanche, Enel Green Power, and Enertrag, starting with an initial 2 MW followed by an additional 20 MW, with the system based on LG Chem lithium-ion batteries. Enertrag, a German renewable developer, will retain the remaining 10% stake and support the project’s technical management.DSD Renewables, a business-backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, acquired six solar projects totaling 7.5 MW from Dynamic Energy in the U.S. The initial phase of the acquisition includes three rooftop solar projects in New Jersey and Connecticut, followed by the intention to…
Project Finance Brief: Gore Street Acquires 90% Stake in a 22 MW Energy Storage Project
