Gore Street buys majority stake in 22 MW Cremzow energy storage project in Brandenburg
Date
March 08, 2022
Type
M&A Transactions
Subtype
Transaction completed
Countries
Germany
Subsectors
Energy Storage
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In accordance with its plan to expand its activities outside of the UK and Ireland, Gore Street Energy Storage Fund Ltd has completed the acquisition of a 90% share in a 22 MW/28 MWh operating battery in Cremzow, Germany.
The fund bought the stake from Enel X Germany GmbH. Enertrag AG will retain its 10% stake in the battery.
