Eelpower acquires 50MW Scottish battery
- Fordtown project in Aberdeenshire was developed and sold by ILI Group
ILI Group has actually marketed the 50MW Fordtown battery storage project in Kintore, Aberdeenshire to Eelpower for a concealed price.
The purchase raises ILI's developed as well as funded battery projects to 200MW, with an additional 800MW being gotten ready for market over 2021-2022.
ILI Group president Mark Wilson said: "We are delighted in conclusion this handle Eelpower as well as we would like to thank Mark Simon as well as his group, as well as our own solicitors at TLT Damien Bechelli and also Joanna Hamilton for getting this challenging project over the line.
" This is our 2nd battery storage offer in conclusion this month, taking the total of funded projects to 200MW. We have another 150MW that will certainly await tender this year.
" As the country has a hard time for safety and security of supply, at an affordable price to customers, it's clear that energy storage projects such as this are essential in the move to a net-zero power system."
Eelpower president Mark Simon claimed: "The 50MW Fordtown project represents one more landmark in Eelpower's joint venture partnership with the SUSI Partners' Energy Storage Fund.
" We have actually appreciated dealing with Mark Wilson and the exceptional ILI team, and anticipate doing much more landmark take care of them in future."
