Pacific Green Technologies
Pacific Green Nabs 51% of 500-MW Italian BESS Portfolio
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.
Nov 17, 2023 // Markets & Finance News, Storage, Italy, Europe, Pacific Green Technologies
GBP 120M: Pacific Green Backs UK BESS Project
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.
Nov 6, 2023 // Storage, UK, Europe, Pacific Green Technologies
Pacific Green Offloads 99-MW UK BESS
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.
Jun 14, 2023 // Markets & Finance News, Storage, UK, Europe, BESS, Pacific Green Technologies
Pacific Green Technologies safeguards financial obligation financing for 99.8 MW BESS
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.
Sep 22, 2021 // Markets & Finance News, Storage, UK, Europe, Scott Poulter, Pacific Green Technologies
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