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Environment Minister Thekla Walker Opens Energy Park in Gundelsheim, Germany
Gundelsheim. A microcosm of the future energy system is taking shape in the district of Heilbronn – and the first part is already up and running. The CEO of EnBW, Georg Stamatelopoulos, opened the solar park in Gundelsheim today alongside Thekla Walker, Baden-Württemberg’s Environment Minister. The photovoltaic power plant has an installed capacity of 58…
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La Caisse to acquire Edify, a leading Australian renewable energy and battery storage company
Edify Energy, a leading Australian renewable energy and battery storage company, and global investment group La Caisse (formerly CDPQ), today announced that binding agreements have been entered into under which La Caisse will acquire Edify and support its next phase of growth. Once completed, the transaction, together with further equity capital funding, is expected to…
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WALLESS Supports Olana Energy in Landmark Lithuanian BESS Project
WALLESS proudly acted as legal adviser to Olana Energy Oy on its 70 MW / 140 MWh Šalčininkai battery energy storage system (BESS) in Lithuania. Acquired from Aura Power and co-developed with Balancy Grid UAB, the project represents one of the largest energy storage installations in the Baltics, with commercial operation planned for 2026. The…
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DTEK’s, DRI, Picks Fluence to Deliver Trzebinia Battery Project
DRI, the EU renewables arm of Ukraine’s DTEK Group, has selected Fluence Energy B.V., a subsidiary of Fluence Energy, Inc., a global market leader delivering intelligent energy storage systems, to supply battery storage units for its 133 MW Trzebinia project in southern Poland. DRI’s Trzebinia project is due to be the largest battery storage facility taking…
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Palladio Partners and Voltfang Launch Battery Storage Partnership
Infrastructure-focused investor Palladio Partners and Voltfang, a specialist in battery storage solutions and development, have entered into a binding partnership aimed at accelerating the energy transition through large-scale storage projects. The two companies are committing to a long-term collaboration focused on the development, financing, implementation and operation of large-scale battery storage projects that actively contribute…
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Macquarie Asset Management reaches $US3 billion close of Green Energy Transition Solutions Fund and co-investment commitment
Macquarie Asset Management today announced the final close of Macquarie Green Energy Transition Solutions (“MGETS” or the “Fund”) with over $US3 billion of total Fund and co-investment commitments. MGETS is Macquarie’s first dedicated energy transition fund that targets opportunities beyond mature renewables. MGETS is focused on investing in companies that leverage proven technologies and infrastructure…
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Clifford Chance advised Grenergy on solar and BESS projects in Chile
Clifford Chance has advised Grenergy on the US $270 million senior secured green bridge financing for the development of a 77 MWp operational solar photovoltaic project and the deployment of a 3.5 GWh battery energy storage system, both located in Chile The transaction forms part of the sixth phase of the Oasis de Atacama project…
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Hogan Lovells advises Terra One on the €150m mezzanine financing for BESS
Led by partners Dr. Tim Heitling and Dr. Carla Luh, global law firm Hogan Lovells has advised Terra One Climate Solutions GmbH on the €150m mezzanine financing for the development and construction of battery energy storage systems (BESS) across Europe. Berlin-based startup Terra One has raised €150m from asset manager Aviva Investors to finance its…
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DLA Piper advises Rabobank and Siemens Financial Services on Irish solar and BESS portfolio financing for NTR
NTR completes on an initial €65 Million Financing Deal with Rabobank and Siemens Financial Services Funding will enable the construction phase of Irish ready-to-build solar and BESS co-location portfolio for the L&G NTR Clean Power (Europe) III Fund. DLA Piper has advised Rabobank and Siemens Financial Services on the financing of Monvallet, a ready to…
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ANDRITZ receives order from Adani Green Energy for 1800 MW Gandikota pumped storage project in India
International technology group ANDRITZ has received an order from Adani Green Energy Limited (AGEL), India’s largest renewable energy company and a leading global player, to equip the new Gandikota pumped storage plant in the YSR Kadapa district of Andhra Pradesh, India. ANDRITZ will supply reversible pump turbines, motor-generators and related electromechanical equipment. India is significantly…
