Glennmont and Exus Power Up 800 MW BESS Projects

Apr 10, 2024 12:17 PM ET
  • Glennmont Partners and Exus Renewables team up to develop 800 MW of battery storage projects in southern Italy, signaling a strong push for growth and innovation in the region.

London-based fund manager Glennmont Partners and Exus Renewables have partnered to develop 800 MW of battery storage projects in southern Italy. The portfolio will consist of four 100-MW standalone battery energy storage systems in Italy’s Puglia region, with each company leading the development of a 400-MW portfolio. An Italian battery storage specialist developer will handle the development, with the first projects expected to break ground in the fourth quarter of 2026.

The partnership marks Glennmont's expansion into the Italian market and signals their intent to establish a strong development platform in Italy for future growth and innovation. This collaboration follows Glennmont's recent agreement with Emeren Group Ltd to co-develop 155 MW of BESS projects in Campania and Puglia regions. Alfonso Cebrian, Head of International Business Development at Exus, expressed excitement about the partnership and the potential for driving growth and innovation in the region.

What is the scope of Glennmont Partners and Exus Renewables' battery storage projects in Italy?

  • The scope of Glennmont Partners and Exus Renewables' battery storage projects in Italy includes the development of 800 MW of battery storage projects in southern Italy.
  • The portfolio will consist of four 100-MW standalone battery energy storage systems in Italy’s Puglia region, with each company leading the development of a 400-MW portfolio.
  • An Italian battery storage specialist developer will handle the development of the projects, with the first projects expected to break ground in the fourth quarter of 2026.
  • This partnership marks Glennmont's expansion into the Italian market and signals their intent to establish a strong development platform in Italy for future growth and innovation.
  • The collaboration follows Glennmont's recent agreement with Emeren Group Ltd to co-develop 155 MW of BESS projects in Campania and Puglia regions.
  • Alfonso Cebrian, Head of International Business Development at Exus, expressed excitement about the partnership and the potential for driving growth and innovation in the region.

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