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NGEN BESS

Sector: Natural Gas • Location: Regional

Source: European Bank for Reconstruction and Development (EBRD)

Project
Signed

The NGEN BESS Project involves the development, construction, and operation of five standalone battery energy storage ("BESS") facilities across Slovenia, Poland, Latvia, and Romania, with a combined capacity of 302 MW / 604 MWh (the "Project"). The Project represents one of the first multi-country, merchant-based storage portfolios in the region and is expected to play a critical role in energy s

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The project “NGEN BESS” is an infrastructure initiative in the Natural Gas sector, located in Regional. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Description

Description

The NGEN BESS Project involves the development, construction, and operation of five standalone battery energy storage ("BESS") facilities across Slovenia, Poland, Latvia, and Romania, with a combined capacity of 302 MW / 604 MWh (the "Project"). The Project represents one of the first multi-country, merchant-based storage portfolios in the region and is expected to play a critical role in energy security by supporting grid stability and enabling the integration of increasing volumes of renewable generation. The Project's financing structure consists of a senior secured loan of up to EUR 70 million, eligible for capital, operating, and development expenditures. The operation is expected to benefit from a first-loss guarantee under the InvestEU Fund, supporting sustainable infrastructure development across EU Member States.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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