Project Finance Brief: Gore Street Acquires 90% Stake in a 22 MW Energy Storage Project

DSD acquires 7.5 MW of rooftop solar portfolio from Dynamic Energy

March 13, 2022

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


London 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.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS