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East Point Energy Acquires 100MW Texas BESS

Back to Newsroom October 10, 2023 (Voltility) — Equinor-owned energy storage developer East Point Energy has acquired a 1 00MW/200MWh battery energy storage system (BESS) from Black Mountain Energy Storage (BMES) in Cameron County, Texas. East Point-owned Citrus Flatts Energy Center, LLC filed an Electric Reliability Council of Texas (ERCOT) Standard Generation Interconnection Agreement (SGIA)…

Black Mountain Seeks Buyers for $300 Million Battery Power Unit

Back to Newsroom Apr 20, 2023 — Black Mountain, a privately-held energy and natural resources company, wants to sell its division for power-storage projects amid soaring demand for battery installations used to help stabilize electricity grids. Austin-based Black Mountain Energy Storage has a pipeline of 32 projects projected to produce 6.4 gigawatts of battery power…

Peregrine Energy Solutions Acquires 490MW of Energy Capacity from Black Mountain Energy Storage

Back to Newsroom Jan 24, 2023 — Peregrine Energy Solutions LLC, a recently established integrated and multi-technology clean energy platform with a focus on utility scale energy storage, today announced it will develop two mid-stage energy storage assets in the Electric Reliability Council of Texas (ERCOT) market. The assets were acquired from Black Mountain Energy Storage by…

Texas Among ‘Fastest-Growing Storage Markets’

Back to Newsroom AUGUST 30, 2022 — One of the US states currently deploying the largest amounts of grid-scale energy storage is Texas. Indeed, one energy sector CEO recently remarked that the state had “one of the fastest growing markets in the world for energy storage”. Figures published in a report by American Clean Power…

UBS Asset Management

UBS Asset Management Acquires 700MW Energy Storage Projects from Black Mountain Energy Storage

Back to Newsroom JULY 28, 2022 — UBS Asset Management today announced the acquisition of five standalone, development-stage energy storage projects in Texas from Black Mountain Energy Storage (BMES). This marks an important milestone following the establishment of the Energy Storage Infrastructure team in 2021, adding significant volume to the development pipeline. The projects will…