Belltown Power Initiates Sale of 850 MW Battery Energy Storage System Project Portfolio in ERCOT
EIN Presswire | Source: EIN News | Posted 06/26/2024

BOULDER, COLORADO, UNITED STATES, June 25, 2024 /EINPresswire.com/ -- Ascend Analytics (“Ascend”), a leading provider of energy transition analytics solutions, announced on behalf of Belltown Power (“Belltown”) that the company is commencing a sales process for its North ERCOT BESS Project Portfolio. The portfolio which comprises five battery energy storage systems (BESS), totaling 850 MW of capacity, is located in the ERCOT North region of Texas. The projects are in an advanced development stage, targeting in-service dates of late 2026 or early 2027
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Ascend Analytics, a provider of energy transition analytics solutions, announced that Belltown Power is beginning the sales process for its North ERCOT BESS Project Portfolio in Texas. Comprising five battery energy storage systems with a total capacity of 850 MW, the projects are in late-stage development, aiming for completion by 2026 or 2027. The move comes as demand for battery storage assets rises in Texas due to increasing load growth, especially from data centers and industrial electrification, as well as heightened price volatility in the ERCOT North region.
Belltown, known for its expertise in renewable energy and storage development, is partnering with Ascend to market the North ERCOT BESS Portfolio to cater to the escalating demand in the Texas energy market. Ascend's AEX platform, part of its energy ecosystem, will facilitate the sale process by leveraging its market intelligence and valuation expertise. Interested buyers, including infrastructure investors, will benefit from Ascend's screening and evaluation processes, along with risk mitigation strategies offered through its suite of proprietary products like BatterySIMM® and EnSurance®.
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