Pacific Green Acquires 51% Stake in 500 MW Energy Storage Portfolio
The projects will begin their 35-year operating life in late 2025.
November 21, 2023
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Pacific Green, an energy storage project developer, through its wholly-owned subsidiary, Pacific Green Battery Energy Park (Italia), acquired a 51% stake in five projects totaling 500 MW/ 2,800 MWh in Italy from Sphera Energy Srl. The remaining 49% of the shares of each project will be acquired after achieving certain development milestones.
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