Battery optimiser Arenko has sold development rights for two 50MW storage sites to Gresham House. The deal includes optimisation agreements.
The two firms know each other well. Gresham House recently acquired the 41MW Bloxwich battery from Arenko, which the firm developed and operated to refine its optimisation software platform.
The projects, Monet’s Garden and Lister Drive, will connect directly to the transmission system. They are expected to be commissioned in Q1 2022.