British battery storage developer, Pacific Green Technologies Inc, has enlisted SSE Energy Supply Ltd, a unit of UK utility SSE plc (LON: SSE), to deliver trading and optimization services for a 249MW/373.5MWh battery in Kent, England.
The ten-year agreement involves SSE providing optimization services for the Sheaf Energy Park, set to be commissioned in July 2025. The battery energy storage facility will be developed and operated by Pacific Green's subsidiary, Sheaf Energy Limited.
Pacific Green Battery Energy Parks 2 Limited (PGBEP2) owns the BESS project, and it was recently sold by Pacific Green to Sosteneo Fund 1 HoldCo Sarl. The project secured GBP 120 million (USD 151.4 million/EUR 138.4 million) in senior debt backing.
SSE Energy Supply's role will extend over the next decade, overseeing the optimization and trading services for the Sheaf Energy Park, contributing to the efficient and effective operation of the battery storage facility.
