Recurrent Energy Completes Sale of Two 100 MW / 400 MWh BESS Projects in France to BW ESS

Erik Strømsø, CEO and Co-Founder of BW ESS

“We are excited to work with Recurrent Energy through the next phase and to apply BW ESS' long-term owner-operator expertise as we bring these assets into construction and operation. Entering France is a significant milestone for BW ESS and a natural next step in the expansion of our global energy storage platform. These acquisitions give us an immediate 200 MW / 800 MWh platform in the country and provide a strong foundation for building a sizeable French portfolio. France has a strong nuclear base, but it also has a growing need for flexibility as weather-sensitive demand and an evolving generation mix create more variable system conditions. Batteries can complement France's nuclear backbone by adding the rapid-response flexibility needed to balance the system, absorb surplus power, and make low-carbon generation available when it is most valuable.”

Dylan Marx, CEO of Recurrent Energy

“This transaction with BW ESS showcases our ability to create value through the delivery of high-quality BESS projects, while remaining closely involved in their development through to commercial operation. It is a strong testament to the BESS platform we have built in France and our ability to continue scaling it. Once operational, the projects will provide flexible storage capacity to support grid stability, balance supply and demand, and facilitate the further integration of renewable energy into the French electricity system.”