GridStor, a developer and operator of utility-scale battery energy storage systems, announced that it has acquired the 199 MW, 796 MWh Birdseye project in Adams County, Colorado from Accelergen. The acquisition is GridStor’s fifth within the last eighteen months and its second in the Western U.S.
“We are actively expanding our portfolio by acquiring high-quality projects,” said Chris Taylor, CEO of GridStor. “One of our core strengths is efficiently transitioning projects from the development phase to operational status. We look forward to bringing more battery storage facilities online to support power system reliability for Western utilities.”
GridStor’s acquisition and plan to construct additional standalone battery storage in the Western U.S. comes as the region experiences rapid demand growth. Once constructed, the Birdseye facility is expected to provide power equivalent to serving over 150,000 households during daily hours of highest demand.
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“Growing regions are reliant on dependable sources of energy to sustain their momentum,” said Thomas Houle, Chief Executive Officer of Accelergen. “Battery storage provides a stable foundation for economic growth by supporting a reliable grid, and we are pleased to partner with GridStor to see this project through to operations.”
The project’s commercial operations date is planned for the end of 2028, with construction anticipated to begin as early as 2027. During construction, the project is expected to create an estimated 115 full-time jobs.
Backed by Goldman Sachs Asset Management, GridStor manages 530 MW, 1,300 MWh of battery energy storage assets in operation and construction, as well as a pipeline of over 3 GW of battery storage projects in later-stage development across the western and central U.S. The company is focused on executing and delivering projects that provide cost-effective, near-term solutions to utilities, data centers, and other large industrial customers in regions with rapidly growing energy demand.
SOURCE: Businesswire
