Ignis and Engie sign 10‑year flexibility purchase agreement for 625 MWh of battery storage projects in Spain
Type: Ppa · Technology: Storage · Country: Spain · Capacity: 625 MWh · Announced: 2026-07-03
Ignis and Engie signed a ten‑year flexibility purchase agreement covering battery storage assets with a combined installed capacity of 625 MWh in Spain. Under the contract, Engie will procure daily flexibility services while Ignis will operate the batteries and optimise their participation in the Spanish balancing market. The assets are slated to begin commercial operation in 2028. The deal strengthens Engie’s flexibility portfolio and provides Ignis with a stable revenue stream for its storage portfolio. No monetary value was disclosed in the announcement.