Global Infrastructure SherpaGoldman Sachs Invests in Hydrostor's Advanced Compressed Air Energy Storage (A-CAES) Project
500 MW
Capacity
development
Stage
Goldman Sachs Asset Management made a strategic investment in Hydrostor, a developer of Advanced Compressed Air Energy Storage (A-CAES) projects. The investment will support the development and deployment of Hydrostor's energy storage technology.
Source Intelligence
KEY DETAILS
Hydrostor's technology can deliver up to 500MW for 8 hours or more. Quote: Deliver up to 500MW for 8 hours or more on a compact, flexibly sited footprint
“
Capacity
Delivering 500 MW (4,000 MWh) of dispatchable energy when and where it’s needed most
“
Location
500 MW | 8+ hours $1.1 billion (CAD) in regional economic impact Lennox & Addington County, ON
PARTIES MENTIONED IN SOURCE
G
Goldman Sachs Asset Management
investor
"Hydrostor secures investment from Goldman Sachs Asset Management"
H
Hydrostor
developer
"Hydrostor secures investment from Goldman Sachs Asset Management"
medium quality
Enriched Feb 19, 2026
Timeline
Announced
Apr 2, 2024
Signed
Closed
Counterparts (2)
Market Context
This deal is part of the Compressed Air Energy Storage sector in Canada.
4
Compressed Air Energy Storage deals
78
deals in Canada
Source
www.hydrostor.ca
1 of 4 Compressed Air Energy Storage deals tracked this month · Updated daily