Corre Energy Acquires 280 MW/4.2 GWh Energy Storage Project in Texas
The project is targeted to achieve the financial investment decision stage in 2025 ahead of full commercial operation.
July 28, 2023
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Corre Energy, a developer and operator of underground energy storage solutions, signed an agreement through its North American subsidiary, Corre Energy US Development Company, to acquire a 280 MW/ 4.2 GWh energy storage project from Contour Energy, an energy storage project developer. Following the completion of due diligence, the buyout transaction is expected to close before the end of this year.
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Sohini Aich
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