FPC Electric Land, the United Kingdom’s largest specialist investor in grid-connected land, has invested in a freehold battery energy storage system (BESS) at Uskmouth Power Station.
The investment will see the delivery of a 230-megawatt BESS facility on the nine-acre former coal stocking site of the decommissioned Uskmouth Power Station.
CBRE advised FPC Electric Land on its investment.
The vendor and tenant have secured an additional capacity of 120 megawatts, which will trigger a pro-rata rental increase upon the date additional capacity is made available at the site. This is the first section of the former Uskmouth Power Station to be successfully developed for BESS usage, with further projects and capacity in various stages of the development process.
The development, situated on brownfield land, will support the United Kingdom’s transition to a decarbonized power system by providing essential balancing services, further enabling future addition