SUSI Partners wraps up storage spree

Oct 12, 2021 02:52 PM ET
  • Investor's fund most just recently acquired 190MW of assets in Scotland and also England and also a 50MW battery in NI

Infrastructure investor SUSI Partners has actually wrapped up the financial investment phase for its devoted Energy Storage Fund (SESF).

The fund, launched in 2017, contains a profile of grid-scale as well as behind-the-meter properties in Canada, the UK, Australia as well as The Golden State, the United States.

The fund's latest financial investment task was concentrated on the UK market, which has been experiencing a surge in power supply volatility, and also is consequently increasingly dependent on grid-scale battery storage, SUSI said.

On the back of a collaboration with Eelpower, SUSI Partners, in behalf of SESF, acquired a number of assets found in England and Scotland for a total of 190MW.

In addition, the fund obtained a 50MW project from German renewables designer and long-standing partner ABO Wind in Northern Ireland, providing grid security services to the solitary Irish electrical power market.