Texas-based developer Black Mountain Energy Storage (BMES) has sold two standalone storage projects in Texas out of a development portfolio of six that it commenced marketing in 2021.
The two projects – Bordertown BESS and Fort Duncan BESS (each 100MWac) – have been acquired by Recurrent Energy.
Financial details of the transaction were not disclosed.
BMES has signed an exclusivity agreement with a separate counterpart for the remaining four projects in the porfolio – Brazos Bend BESS, Seven Flags BESS, Third Coast BESS, and Tierra Seca BESS – each of which are also 100MWac standalong storage facilities.
By Peter Allison | Voltility
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