Copenhagen Infrastructure Partners (CIP) is partnering with energy storage developer Alcemi on the development, construction and operation on a 4GW pipeline of projects across the UK.
The facilities, currently in late-stage development, have planned capacities of between 300MW and 500MW each, with a storage duration of up to four hours.
Alcemi originated and will continue to develop the projects with the support of CIP and Alcemi’s founding investor Susgen.
Procurement activities will be primarily led by CIP and initiated later this year ahead of construction of the first project, which is scheduled to start in 2023.
Further projects are expected to go into construction regularly and then energise throughout the second half of this decade.
CIP senior partner Christian Skakkebaek said: “We are pleased to partner with Alcemi on such an exciting portfolio of large-scale battery energy storage projects.
“We expect these projects to enable a cost-efficient transition towards the low carbon, highly resilient power generation sector in the UK.
“We look forward to supporting Alcemi in the development of these projects and adding value through our own activities.”
Alcemi chief executive Mark Williamson said: “We are thrilled to work with such a significant and strategic partner as CIP.
“This is an important step to enable the build-out of our portfolio of energy storage projects, making a significant contribution towards achieving net zero by 2050.”