Bimergen Energy Corporation announced the acquisition of eight late-stage 9.9-megawatt (MW) distributed generation (DG) battery energy storage projects in the ERCOT South region of Texas from Aggreko’s IPP Solutions business.
The sale was financed through Bimergen’s JV with RelyEZ and the projects will utilize RelyEZ’s lithium-based utility-scale batteries.
The portfolio, which expands Bimergen’s advanced development pipeline, represents approximately 79.2 MW of total nameplate capacity. Five of the eight are expected to achieve In Service Date (ISD) by late 2026 with the remaining three expected to follow in early 2027.
The strategically positioned projects will provide grid stability and support renewable integration while addressing the surge in power demand in one of America’s most capacity-constrained energy markets.
“The acquisition and simultaneous closing of these eight late-stage 9.9 MW DG projects represents a major milestone for Bimergen and significantly strengthens our presence in the high-opportunity ERCOT market,” said Cole Johnson, Co-CEO and President of Bimergen Energy, in a statement. “Closing these assets with our financing parties underscores the depth of our industry relationships and our ability to efficiently advance strategically positioned projects toward near-term revenue generation.”
Next, Bimergen will award construction contracts, effectively advancing the portfolio into the build phase.
Bimergen’s expanded DG assets reflect the company’s strategy of developing, owning, and operating standalone battery storage projects that provide frequency regulation, volage support, energy arbitrage, and peak capacity support.
Bob Brilion, Co-CEO of Bimergen Energy, added, “This transaction highlights the scalability of our distributed storage strategy and the alignment we have built with our industry partners. By incorporating these advanced-stage DG assets into our portfolio in a simultaneous closing, we are positioning Bimergen to capture substantial value while contributing meaningfully to Texas’ evolving energy landscape.”
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