Pulse Clean Energy has completed the acquisition of 99MW of battery assets in Hampshire, UK which will come online in 2025.
The project adds to a series of recent acquisitions and upcoming projects, which total 400MW of Battery Energy Storage System (BESS) projects that will be operational by the end of 2025. Pulse functions as a utility-scale storage and stability platform, aiming to establish a portfolio of over 1GW of energy storage and flexibility assets to support the UK’s net zero ambition.
“This transaction signifies another stride forwards in our efforts to construct a market leading portfolio of battery storage and stability assets, both within the UK and on an international scale,” said Pauline Barker, the Investment and Development Director at Pulse Clean Energy, “The acquisition is a continuation of Pulse’s success through recent BESS and Pathfinder acquisitions, debt-raise activity and the transformation of the diesel generation sites. It is testament to the whole team’s continued hard work and expertise.”
Pulse Clean Energy is an investor, developer and holder of flexibility assets backed by Investment Management Corporation of Ontario (IMCO), a Canadian institutional investor with $73 billion assets under management.