Huge Battery Energy System to Be Built Following £157m Drax Group Deal

Huge battery energy system to be built following £157m Drax Group deal

While planning was granted three years ago no work has yet started on the land - that is soon set to change

Drax signs agreement to acquire three BESS projects from Apatura

Drax has signed an agreement to purchase three battery energy storage system (BESS) projects from Apatura, a UK-based renewable energy and BESS developer.

Drax Group strikes £157m deal for three battery energy storage systems

Construction on all three projects is expected to start next year with the first site operational in 2027.

Drax to acquire three battery energy storage system projects

Drax has signed an agreement with Apatura to acquire three battery energy storage system (BESS) projects, which when fully commissioned will provide capacity totalling 260MW. Drax will pay £157.

Drax Group acquires 260MW 2-hour BESS portfolio

Drax has signed an agreement with Apatura to acquire three battery energy storage system (BESS) projects, which when fully commissioned will provide capacity totalling 260MW. Drax will pay a fixed amount of £157.2 million in staged payments between 2025 and 2028, reflecting construction milestones and including payments to Apatura linked to their delivery of the projects. Completion of the acquisition of the first two projects is expected to occ…