Platinum Energy Storage
The Platinum Energy Storage project (originally developed by Belltown Power as BT Block Storage) was included in ENGIE's acquisition of a 6 GW solar and battery storage development portfolio from Belltown Power U.S.
348MW
Capacity
298.3MWh
Storage
BESS
Technology
TX
Location
Deal Details
- Deal Type
- Portfolio acquisition
- Seller / Sponsor
- Belltown Power U.S.
- Buyer / Financier
- ENGIE North America
- Deal Value
- Undisclosed
- Stage
- operating
- ISO/RTO
- ERCOT
- Source
- ENGIE press release
Related Deals
Infinity Renewables — 8+ GW US wind development pipeline (24 projects in 8 states)
ENGIE North America
8,000 MW
SoCore Energy — 150 MW operating/UC + 170 MW pipeline C&I/distributed solar (20+ states)
ENGIE North America
320 MW
Live Oak Wind — 200 MW (Schleicher County TX)
ENGIE North America → Bank of America Merrill Lynch (lead); Rabobank (LC)
$302M ($147M debt + $155M tax equity)
REE Automotive — modular EV "REEcorner" platform for fleets
REE Automotive (NASDAQ: REE) → 10X Capital Venture + $300M PIPE
$3.1B combined value; >$500M proceeds (incl. $300M PIPE)
Microvast — Li-ion battery systems for EVs and energy storage (ultra-fast charging, high cycle life)
Microvast Inc. → Tuscan Holdings Corp.
$3B (pro forma equity)
WGL Holdings — Washington Gas Light + non-regulated power/marketing/midstream
AltaGas Ltd.
C$8.4B (~$6.4B USD; $88.25/share cash)
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.