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Goldman Sachs-backed BESS developer Gridstor makes first ERCOT project acquisition

March 12, 2024

Goldman Sachs-backed BESS developer Gridstor makes first ERCOT project acquisition

March 12, 2024

Gridstor, a developer of standalone battery energy storage system (BESS) assets, has acquired a 450MW/900MWh project in Texas, US, the company’s first in the booming ERCOT market.

Gridstor announced last week (6 March) that it has bought the large-scale Evelyn Battery Energy Storage project in Texas’ Galveston County from Balanced Rock Power, a developer of utility-scale solar PV and BESS.

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