Pulse Clean Energy has completed the acquisition of 128.8MW of battery assets in Staffordshire, UK which will achieve commercial operation in 2025.
The project is a strategic enhancement of Pulse’s portfolio, which includes more than 500MW of battery energy storage systems (BESS) projects that will be operational by the end of 2025. Pulse is a utility-scale electricity storage and stability platform with a portfolio of energy storage and flexibility assets that will support the UK’s net zero ambition.
“This acquisition rounds out a positive 2023 for Pulse which saw us close several BESS acquisitions, a Pathfinder inertia project, and a senior debt facility” said Pauline Barker, the Investment and Development Director at Pulse Clean Energy, “The acquisition is an exciting addition to our portfolio of battery storage and stability assets but also represents a step forward in energy management and grid stability in the UK. We are excited to be at the forefront of this transformative journey.”
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.