AltaRock unit to add batteries to newly-acquired US geothermal plant

Geothermal power station. Featured Image: N.Minton/Shutterstock.com

November 20 (SeeNews) - An entity owned and operated by AltaRock Energy Inc has acquired the 55-MW Bottle Rock dry-steam geothermal power plant in California, with plans to add energy storage to the facility.

Baseload Clean Energy Partners (BCEP) announced on Friday it has taken over Bottle Rock Power LLC from Riverstone Holdings and US Renewables Group for an undisclosed price. Its plan for the facility involves “adding performance enhancements to enable flexible generation using energy storage," said Aaron Mandell, chief executive of BCEP.

The company wants to upgrade existing clean energy plants within its portfolio to include batteries for an improved management of supply and demand on the power grid, it explained.

The acquired facility is part of a broader complex of geothermal assets located within the Geysers, the world’s largest geothermal field.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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