storage

Close Brothers Leasing funds large battery energy storage system to be developed in Kent, UK

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Close Brothers Leasing announced it has provided a development loan for the construction phase of Pacific Green Technologies’ 99.98 MW battery energy storage system (BESS) at Richborough Energy Park in Kent.
Close Brothers Leasing funds large battery energy storage system to be developed in Kent, UK

Pacific Green Technologies Group is a world leading provider of sustainable cleantech solutions aimed at solving climate warming, green energy and resource scarcity challenges.

“We are thrilled to participate in this ground-breaking project finance scheme on one of the UK’s largest battery energy storage systems and we look forward to working with Pacific Green on this project and the rest of their 1.1 GW UK pipeline” said James Sutcliffe, Managing Director of Close Brothers Leasing’s Energy team.

Scott Poulter, Pacific Green’s Chief Executive, added that bankable projects such as Richborough Energy Park are the cornerstone of Pacific Green’s ‘ODCO2 Energy Development Platform’, which specialises in developing and operating optimised, turnkey renewable energy and storage parks across their entire lifecycle.

For additional information:

Close Brothers Leasing

Pacific Green Technologies

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