March 23, 2023: Spearmint Power stated on March 21 that it has acquired BESS’s 900MW / 2,000MWh ‘Nomadic’ portfolio of property for an undisclosed sum – in a transfer that makes the corporate one among largest developer of battery storage in Texas.
Nomadic consists of three 300MW tasks in Cooke, Galveston, and Brazoria counties that may enhance the provision of electrical energy for the Electrical Reliability Council within the Texas market.
Spearmint stated it can full improvement work on the tasks within the subsequent few months and the primary BESS within the portfolio is ready to obtain notification to proceed early subsequent yr, adopted by industrial operation 12-18 months later. .
Nomadic marks Spearmint’s second acquisition for the reason that firm launched in Might 2022 and follows its buy of Revolution, a 150MW / 300MWh undertaking in West Texas, which started building in November and is because of start industrial operation. in the midst of the yr.
