Partners Group Invests in German Battery Storage Developer

Partners Group has announced its investment in green flexibility, a developer of large-scale battery storage systems in Germany. This move aligns with the company's strategy to transform green flexibility into a leading battery storage platform. Partners Group is committing EUR 400 million in equity, backed by additional debt financing, allowing green flexibility to have over EUR 1 billion to drive Europe's energy transition.

Green flexibility focuses on large-scale battery energy storage systems (BESS), crucial for stabilizing the grid amidst the rise of renewable energy in Germany. These systems store excess energy, mitigating electricity generation fluctuations and reducing energy costs. The company aims to establish itself as a leading Independent Flexibility Provider by advancing a pipeline of BESS projects.

The investment will benefit from the ongoing expansion of renewable energy and the increasing demand for grid flexibility in Germany. With support from Partners Group, green flexibility's management team, led by Christoph Ostermann, plans to expedite its growth in the battery storage sector.