Econergy Enters Germany With 100-MW Battery Portfolio Acquisition in Brandenburg
- Econergy buys two 100-MW/200-MWh BESS projects in Brandenburg for €73 m, targets operation in 2027; deal marks Israeli IPP’s entry into Germany’s booming storage market.
Israel-based independent power producer Econergy Renewable Energy has planted its flag in Germany’s fast-growing storage market by purchasing a 100-MW/200-MWh portfolio of battery energy storage system (BESS) projects in Brandenburg. The deal gives Econergy full ownership of two co-located sites that will supply up to four hours of discharge, enough to shift surplus wind and solar into the evening peak.
The company estimates a €73-million outlay for construction and grid connection. Work is slated to start in late 2025, with commercial operation targeted for the first quarter of 2027. Once online, the batteries are forecast to generate about €13.7 million in annual revenue and an average EBITDA of €11.9 million during their first five full years—returns driven by Germany’s balancing-power and capacity markets as well as price-arbitrage opportunities created by growing renewable penetration.
Chief executive Eyal Podhorzer said the move follows “months of scouting for the right entry point” and aligns with Econergy’s strategy to pair storage with its 6-GW development pipeline across Europe. The firm already controls large-scale BESS projects in the UK, Italy and Romania and views Germany’s aggressive decarbonisation targets—80 % renewable electricity by 2030—as a catalyst for additional battery deployments.
Germany’s Federal Network Agency expects nationwide storage capacity to triple this decade, helped by new tender mechanisms that reward long-duration assets and a €50-billion grid-modernisation plan. By capturing a foothold in Brandenburg—a region with some of the country’s highest wind-and-solar curtailment rates—Econergy positions itself to profit from congestion relief while supporting local grid stability.
Beyond headline economics, the acquisition marks another step in the wider European trend of IPPs internalising storage to smooth cash flows and hedge merchant-price volatility. With financing secured and permitting underway, Econergy says it will now assemble engineering and EPC partners and assess options for adding on-site solar to create a fully hybrid complex. If timelines hold, the Brandenburg duo will rank among Germany’s largest stand-alone batteries when they switch on in early 2027, underscoring storage’s central role in the continent’s post-fossil energy mix.
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