Econergy inks long-term optimisation agreement with EDF for 40MW/120MWh Dalmarnock BESS project

Econergy has secured a long-term optimisation agreement with EDF for its 40MW/120MWh Dalmarnock BESS project in the United Kingdom, announced on 2026-01-28. This partnership provides Econergy with enhanced revenue visibility and cash flow stability for the Dalmarnock asset. For the Tel Aviv-based renewable energy developer, de-risking the operational phase of a utility-scale battery storage project in the UK is a critical financial maneuver. The agreement likely involves EDF managing the dispatch and trading of the 120 MWh battery, thereby leveraging the French electric utility's market expertise to optimize returns. This structure offers a predictable income stream for Econergy's asset, which is valuable for its broader 10 GWh battery storage pipeline across Europe. This partnership aligns with Econergy's strategy as a Tel Aviv-based renewable energy developer and IPP, which is actively building a 10 GWh battery storage pipeline across Europe. Securing a long-term agreement for the 40MW Dalmarnock BESS project in the United Kingdom helps Econergy solidify its financial position for utility-scale assets. For EDF, a French electric utility company, this deal provides access to crucial 120 MWh of battery storage capacity in the United Kingdom. EDF's commitment to building a carbon-neutral energy future and decarbonizing cities and industry through electricity is directly supported by integrating such flexible assets. This collaboration allows EDF to enhance grid stability and manage renewable intermittency within the United Kingdom's energy system.