Cypress Creek Renewables has added 400 megawatts to its storage portfolio after acquiring four Texas standalone energy-storage projects from Black Mountain Energy Storage (BMES). The projects, each 100 megawatts, are located throughout the Electric Reliability Council of Texas (ERCOT) market and are now under development.
Cypress Creek will continue project development, entitlement, engineering, procurement, financing, construction, and will operate the 400-megawatt portfolio once complete. The four projects are expected to be placed in service in 2024.
Nationally, Cypress Creek has developed more than 11 gigawatts of solar to date and has a 15 gigawatt solar and storage pipeline. In the ERCOT market, Cypress Creek has developed 5 gigawatts of solar and storage assets, bringing resiliency and flexibility to the grid.
