Cero Generation acquires 100MW BESS in Gloucestershire
RE Projects Development Limited (REPD) Longspur Capital is delighted to announce alongside our joint development partner Longspur Capital the sale of our 100MW battery storage project to Cero Generation.
The ready-to-build project, located in Gloucestershire, represents a significant contribution to the UK’s growing pipeline of BESS assets and highlights the continued investor appetite for high-quality development sites within the storage sector.
Cero Generation will take the project forward through construction and into operation, continuing its investment in renewable infrastructure across the UK.
This transaction adds to Longspur Capital’s extensive track record in the battery storage sector, where the firm has advised on a wide range of M&A and project financing mandates both in the UK and across Europe.
REPD has considerable experience developing energy infrastructure projects from greenfield to ready-to-build and are pleased to see another project from their portfolio enter the construction phase.