LevelTen Asset Marketplace Facilitates Sale of 150 MW Momentum Energy Storage Partners Project in ERCOT


The transaction and partnership was made by means of LevelTen Vitality’s Asset Market

Momentum Vitality Storage Companions has accomplished a structured sale of a 150-megawatt battery power storage system (BESS) to an undisclosed purchaser. The venture is positioned in ERCOT. The transaction was assisted by the unwavering efforts of Norton Rose Fulbright as Momentum’s lawyer. Leyline Renewable Capital supported the event of the venture Momentum.

The transaction and partnership was made by means of LevelTen Vitality’s Asset Market, a platform that connects clear power venture builders and financiers, and offers the software program, analytics, and M&A transaction experience they should rapidly execute these tasks. transaction.

“Momentum is grateful to have such succesful companions in its efforts to advance the power transition,” stated Davion Hill, Co-founder of Momentum Vitality Storage.

LevelTen Vitality launched its Asset Market in 2021, and since then greater than 400 clear power venture builders have participated in additional than 110 asset processes. “We now have seen a gentle improve in BESS tasks provided on the Asset Market. We sit up for persevering with to serve this market, connecting consumers and sellers, and offering an environment friendly Platform to finish their transactions. LevelTen is happy to assist join Momentum with a transaction-ready purchaser on our Asset Market,” stated Patrick Worrall, Vice President of Asset Market, LevelTen Vitality.

About Momentum Vitality Storage

Momentum Vitality Storage Companions develops stand-alone power storage tasks throughout the US. Momentum has partnered with Leyline Renewable Capital to construct a 1+ GW pipeline of growth and development tasks. Momentum takes tasks from idea to actuality in worthwhile markets the place the consistency of technology and transmission creates alternative.

About LevelTen Vitality

LevelTen Vitality is the main supplier of renewable transaction infrastructure, delivering the markets, software program, automated analytics, and experience wanted to facilitate clear power transactions. The LevelTen Platform is the world’s largest on-line hub for power consumers, sellers, advisors, asset house owners and financiers. The Platform consists of the LevelTen Vitality Market, which offers entry to greater than 4,500 energy buy settlement worth presents masking 28 international locations in North America and Europe. It additionally consists of the LevelTen Asset Market, which brings collectively greater than 1,000 renewable power venture builders and house owners and delivers the web instruments and experience they should purchase, promote, and finance fast. Collectively, LevelTen and its companions share #OneGoal to speed up the power transition. Go to http://www.LevelTenEnergy.com for extra data.



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