Eon acquires 50% stake in Welsh battery project
- Eon's latest venture in Wales brings sustainable energy to life, with a massive battery storage project set to power the future.
Eon has acquired a 50% stake in a Welsh battery storage project, partnering with Quinbrook Infrastructure Partners to take ownership of the 115MW Uskmouth project. The project will consist of two storage facilities with a capacity of 230 megawatt-hours each, to be built on the site of a former coal-fired power station in south Wales. Eon's acquisition marks the company's first investment in a battery of this size.
The storage facility is expected to provide balancing energy from the first quarter of 2025 and will also be utilized in the wholesale market. The partnership between Eon and Quinbrook aims to support sustainable development goals and contribute to the UK government's Levelling Up ambitions through large-scale regeneration projects like Uskmouth. The project is set to create jobs in the region and will rely on local contractors and specialists for construction.
What are the details of Eon's partnership with Quinbrook for the Uskmouth battery project?
- Eon has acquired a 50% stake in the Uskmouth battery storage project in partnership with Quinbrook Infrastructure Partners.
- The project will feature two storage facilities with a capacity of 230 megawatt-hours each, located on the site of a former coal-fired power station in south Wales.
- Eon's investment in the project marks the company's first foray into a battery of this size.
- The storage facility is expected to provide balancing energy starting from the first quarter of 2025 and will also participate in the wholesale market.
- The partnership between Eon and Quinbrook aims to support sustainable development goals and contribute to the UK government's Levelling Up ambitions through large-scale regeneration projects like Uskmouth.
- The Uskmouth project is anticipated to create job opportunities in the region, with a focus on utilizing local contractors and specialists for construction.
