Deals Counterparts

Hydrostor Announces $250 Million Investment from Goldman Sachs Asset Management

Investment Compressed Air Energy Storage announced Canada Jan 25, 2025
USD250M
Deal Value
500 MW
Capacity
development
Stage

Hydrostor secured a $250 million investment from Goldman Sachs Asset Management to accelerate the development and deployment of its Advanced Compressed Air Energy Storage (A-CAES) projects.

Source Intelligence

KEY DETAILS

Hydrostor has a 7-gigawatt pipeline, with projects currently in development across the United States, Canada, and Australia. Quote: These advanced projects represent small portion of our 7-gigawatt pipeline, with projects currently in development across the United States, Canada, and Australia.

Capacity
Delivering 500 MW (4,000 MWh) of dispatchable energy when and where it’s needed most
Location
Lennox & Addington County, ON
PARTIES MENTIONED IN SOURCE
G
Goldman Sachs Asset Management investor

"Hydrostor Announces $250 Million Investment from Goldman Sachs Asset Management"

H
Hydrostor developer

"Hydrostor Announces $250 Million Investment from Goldman Sachs Asset Management"

medium quality Enriched Feb 19, 2026

Timeline

Announced
Jan 25, 2025
Signed
Closed

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
1 of 4 Compressed Air Energy Storage deals tracked this month · Updated daily

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