The NJBPU awarded incentives to Woods Landing Storage LLC (200 MW), Two Rivers Energy Storage LLC (150 MW), and North America Energy Storage Corp (5 MW) for battery storage projects.
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Counterparts (4)
Developer
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Two Rivers Energy Storage LLC
company
Two Rivers Energy Storage LLC is a special purpose vehicle established by Ameren Missouri for the development and operation of the 100 MW / 400 MWh Two Rivers Energy Storage Project in Missouri, USA, supporting the utility's clean energy transition.
New Jersey Board of Public Utilities (NJBPU)
company
The New Jersey Board of Public Utilities (NJBPU) is a state government agency regulating utility services in New Jersey, including electric, natural gas, water, wastewater, and telecommunications. It oversees and advances the state's clean energy goals, energy efficiency programs, and electric vehicle infrastructure development.
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Woods Landing Storage LLC
company
Woods Landing Storage LLC operates a self-storage facility in Jacksonville, Florida, providing storage solutions for residential and commercial clients.
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North America Energy Storage Corp
company
North America Energy Storage Corp is a developer, owner, and operator of utility-scale battery energy storage projects across North America, with over 1 GW of projects under development and in operation.
Deal Analysis
New Jersey's push for battery storage just got a 355 MW boost from the NJBPU, but one award stands out. Woods Landing Storage LLC, primarily known for operating a self-storage facility in Florida, secured incentives for a massive 200 MW project in Sayreville. Meanwhile, Ameren Missouri's Two Rivers Energy Storage SPV picked up 150 MW, expanding its development footprint beyond its home state. North America Energy Storage Corp, a seasoned utility-scale battery developer with over 1 GW in its portfolio, rounded out the awards with a comparatively modest 5 MW. This mix of participants highlights a diverse, if sometimes unexpected, response to New Jersey's clean energy goals.
- Woods Landing Storage LLC, a Florida self-storage operator, secured incentives for 200 MW.
- Ameren Missouri's Two Rivers Energy Storage SPV received 150 MW, marking an expansion beyond its Missouri base.
- North America Energy Storage Corp, a developer with over 1 GW in its portfolio, was awarded 5 MW.
Source Intelligence
KEY DETAILS
The projects are part of the Garden State Energy Storage Program (GSESP) Phase 1, Tranche 1. The awards represent 355 MW of nameplate capacity, surpassing the 350 MW minimum set by state mandate. Quote: "awarded incentives for the first tranche of the Garden State Energy Storage Program (GSESP)." and "The NJBPU awarded incentives to three large-scale battery projects under GSESP Phase 1, Tranche 1. The awards represent 355 MW of nameplate capacity, surpassing the 350 MW minimum set by state mandate."
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Capacity
The awards represent 355 MW of nameplate capacity
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Location
New Jersey Board of Public Utilities awards incentives for 355 MW of battery storage projects ... Woods Landing Storage LLC: 200 MW (Sayreville, Middlesex County) Two Rivers Energy Storage LLC: 150 MW (Ridgefield, Bergen County) North America Energy Storage Corp: 5 MW (Bordentown, Burlington County)
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Announcement
The Board’s March 4 session marks a fundamental pivot
PARTIES MENTIONED IN SOURCE
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New Jersey Board of Public Utilities (NJBPU)
awarding incentives
"The New Jersey Board of Public Utilities (NJBPU) ... awarded incentives"
W
Woods Landing Storage LLC
developer
"Woods Landing Storage LLC: 200 MW (Sayreville, Middlesex County)"
T
Two Rivers Energy Storage LLC
developer
"Two Rivers Energy Storage LLC: 150 MW (Ridgefield, Bergen County)"
N
North America Energy Storage Corp
developer
"North America Energy Storage Corp: 5 MW (Bordentown, Burlington County)"
high quality
Enriched Mar 9, 2026
Global Infrastructure Sherpa