Monday, July 25, 2022

Cypress Creek Renewables Buys Energy Storage Projects In Texas

Santa Monica-based renewable energy developer and producer Cypress Creek Renewables said this morning that it has acquired four, Texas energy storage projects from Black Mountain Energy Storage (BMES). Financial details of the acquisition were not announced. Cypress Creek Renewables said the projects are each 100MW, and total 400MW/600MWh of capacity. The four projects are in the Electric Reliability Council of Texas (ERCOT) market and are currently under development.