Cordelio Power advances BESS projects with new partnerships [Yahoo! Finance]
Fluence Energy, Inc. (FLNC)
Company Research
Source: Yahoo! Finance
GlobalData Wed, February 12, 2025 at 10:05 AM GMT+1 2 min read Toronto, Canada-based Cordelio Power is expanding its battery energy storage system (BESS) programme by procuring 1 gigawatt-hour (GWh) of equipment and new projects. In partnership with Fluence Energy, Cordelio will execute two rounds of procurement for the BESS equipment to enable the launch of new BESS projects from its development pipeline, set for construction between 2026 and 2027. Cordelio has secured offtake agreements for two additional BESS facilities in the western US through its 50/50 joint venture with BrightNight. The Greenwater project, with a capacity of 200MW and 800 megawatt hours (MWh), has contracted with Puget Sound Energy, while the Pioneer project, which has 300MW and 1,200MWh capacity, has contracted with Arizona Public Service. Cordelio has brought the McHenry BESS project, a standalone energy storage facility, into commercial operations with a capacity of 20MW and 40MWh. The project
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FLNC
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- 11/24/25 - In-Line
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- 12/22/25 - Form 4
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