GlidePath plans battery additions to newly acquired wind portfolio in Texas

Wind park in Texas. Author: Lindsay Attaway. License: Creative Commons, Attribution-ShareAlike 2.0 Generic

August 20 (Renewables Now) - US energy storage developer GlidePath Power Solutions said today it has bought a 149-MW portfolio of distributed wind projects in North Texas, with plans to add batteries at their sites.

Chicago-based GlidePath, which is a portfolio company of Quinbrook Infrastructure Partners, has acquired the assets from Exelon Generation for an undisclosed sum. In total, it purchased eight wind projects located north of Amarillo that serve the Southwest Power Pool (SPP) market.

“The high penetration of wind energy in North Texas offers us an excellent opportunity to pair these facilities with the latest battery storage technology,” said David Braun, president of GlidePath Asset Management.

Meanwhile, GlidePath is working on the 10-MW/MWh Prospect Storage project in the ERCOT market. The scheme is currently in the advanced stage of construction.

The company’s overall battery storage project development pipeline exceeds 1 GW.

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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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