Pacific Green Technologies

Pacific Green Technologies Inc has taken a majority stake in a 500-MW/2,800-MWh portfolio of BESS projects in Italy, with the CEO noting the move as part of their European expansion. Construction of the facilities to start in late 2025, with a 35-year operating lifespan.

Pacific Green Technologies secures £120 million loan for 249 MW/373.5 MWh BESS project in Kent, England. Project to start commercial operations in April 2025 and operated by Pacific Green's subsidiary. Loan repaid over 10-year amortization profile. Pacific Green also selling Richborough Energy Park for £74 million.

Pacific Green Technologies Inc. has announced a GBP 74 million deal for a 99-MW battery energy storage system (BESS) in Richborough Energy Park, Kent, England. Senior debt and equity secured for the project; completion expected within weeks. Move part of a 1.1-GW BESS project pipeline in the UK.

Pacific Green Technologies is to finance the building of its 99.8 MW battery energy storage space system with ₤ 23 million of financial obligation financing.