Bracewell Represents Fotowatio Renewable Ventures in Utility-Scale Battery Project in UK
LONDON – Bracewell LLP represented Fotowatio Renewable Ventures in its second utility-scale battery storage project, in collaboration with UK developer Harmony Energy, which forms part of a strategic energy storage pipeline to be launched globally.
Construction of the 34 MW/68 MWh Contego project is set to start this month near Burgess Hill in West Sussex, United Kingdom. Once completed in 2021, the project will be one of the largest battery energy storage plants in the UK, with a system of 28 Tesla Megapack lithium-ion batteries and Tesla’s Autobidder AI software for real-time trading and control.
Bracewell lawyers involved in the transaction included:
Partners: Tom Swarbrick, Oliver Irwin and Alastair Young
Associate: Nicholas Neuberger