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Spearmint Energy acquires 150MW battery-energy storage project in Texas
Transactions - JULY 28, 2022

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Spearmint Energy acquires 150MW battery-energy storage project in Texas

by Released

Spearmint Energy, a next-generation renewable energy company enabling the clean-energy revolution through battery-energy storage, has acquired a 150-megawatt battery-energy storage project from Con Edison Development, a wholly owned subsidiary of Con Edison Clean Energy Businesses.

Located adjacent to the King Mountain Wind Farm in the Lower Colorado River Authority Territory, Revolution will provide much-needed battery-energy storage assets to West Texas’ ERCOT market, which has recently experienced a sea change due to increases in natural-gas prices and load growth from technology, weaker outlook for solar buildout, and higher industry-wide demand for renewable power. Revolution is the first project in Spearmint’s portfolio since the company was launched in early 2022 and will efficiently provide clean, reliable energy to the grid upon development completion.

“We are pleased to call a project of this caliber — located not only next to one of the largest wind

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