Goldman Sachs Group-backed (GS) GridStor has acquired Accelergen's 199-megawatt, 796-megawatt-hour Birdseye battery energy storage project in Colorado, GridStor said Wednesday.
Financial terms of the deal were not provided.
The builder and operator of battery projects said it expects the facility to begin commercial operations by the end of 2028, with construction potentially starting next year.
The project could supply enough electricity during peak demand periods to serve more than 150,000 households, GridStor said.
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