Investment in 240MWh battery storage facility at Uskmouth Sustainable Energy Park
Simec Atlantis Energy Limited (SAE) received investment to support the construction of a 240MWh battery storage facility at the Uskmouth Sustainable Energy Park (USEP) in Wales, with the potential to scale to 480MWh. The AW1 project is owned and being constructed by AW1 Energy Storage Limited (AWES).
Counterparts (2)
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- Investment in a 240MWh battery storage facility with potential to scale to 480MWh.
- Project located at the Uskmouth Sustainable Energy Park (USEP) in Wales.
- Simec Atlantis Energy (SAE), a global sustainable energy developer, is involved.
- AW1 Energy Storage Limited (AWES) is constructing the AW1 project.
Source Intelligence
Construction is already underway, with a contracted grid connection date of October 2026 and commercial operations expected to begin in Q1 2027. "Construction is already underway, with a contracted grid connection date of October 2026 and commercial operations expected to begin in Q1 2027."
"The firm has advised sustainable energy developer Simec Atlantis Energy Limited (SAE) on a landmark investment transaction to support the construction of a 240MWh battery storage facility at the Uskmouth Sustainable Energy Park (USEP) in Wales"
"The AW1 project, owned and being constructed by AW1 Energy Storage Limited (AWES), is SAE’s flagship battery storage initiative"
"Burges Salmon advises Simec Atlantis Energy on flagship battery storage project at Uskmouth"
"advising on the 12-year floored revenue optimisation agreement with EDF Energy Customers Limited"
"The project includes supply and construction contracts with Canadian Solar SES (UK) Ltd (CSES), one of the world’s leading battery energy storage manufacturers"
"and a balance of plant contract with Welsh-based contractor Jones Bros. Ruthin."
Timeline
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