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Clayfords Battery Storage

Clayfords Battery Storage

Stake50%

LocationAberdeenshire, UK

Clayfords Energy Storage Limited holds the development rights to construct a 50MW lithium-ion battery energy storage plant based in Buchan, Aberdeenshire, UK.

The project is fully consented and construction ready and is expected to start commercial operations in Q4 2024.

The project will be connected to the Scottish Hydro Electric Power Distribution plc’s distribution network and has a 49.9MW import and export connection.

CNG Foresight

CNG Foresight

Stake100%

LocationVarious around UK

 

In December 2020, JLEN acquired a minority stake in a portfolio of five Compressed Natural Gas (“CNG”) refuelling stations for heavy goods vehicles, located in the UK.  

JLEN will also contribute to a funding line to fund the construction of a further pipeline of CNG refuelling stations as part of a national network.

The investment has been made alongside other funds managed by the Investment Manager to JLEN – Foresight Group and the developer and operator of the stations, CNG Fuels Limited.

Lunanhead battery storage (Gigabox No 4)

Lunanhead battery storage (Gigabox No 4)

Stake50%

LocationAngus, UK

Gigabox No 4 holds the development rights to construct a 49.9MW lithium-ion battery energy storage plant based in Angus, Scotland.
The project is fully consented and construction ready and is expected to start commercial operations in early 2024. The project will be connected to the Scottish Hydro Electric Power Distribution plc’s distribution network and has a 49.9MW import and export connection. The connection will be initially with a capacity of 45MW, increasing to the full 49.9MW capacity by early 2025.

Sandridge Battery Storage

Sandridge Battery Storage

Stake50%

LocationWiltshire, UK

In May 2021 JLEN announced the acquisition of a 50% equity stake in Sandridge Battery Storage Limited (“SBSL”). SBSL holds the development rights to construct the Sandridge Battery Storage project, a 50MW lithium-ion battery energy storage plant based in Melksham in Wiltshire, UK.  The investment has been made alongside Foresight Solar Fund Limited.

The Sandridge project is fully consented and construction ready.

The project will be connected to Southern Electric Power Distribution plc’s distribution network and has a 49.9MW import and export connection. The project will provide stability to the grid through provision of Dynamic Containment, or by reducing volatility on the system via wholesale trading in the wholesale power markets and/or the Balancing Mechanism, a tool used by the National Grid to balance supply and demand in real time.

Thierbach Green Hydrogen production plant

Thierbach Green Hydrogen production plant

Stake25%

LocationGermany

On 26 January 2023, JLEN announced its first investment into the green hydrogen sector with the acquisition of a 33% equity stake in Foresight Hydrogen Holdco GmbH (“FHHG”).

FHHG holds a 75% stake in HH2E Werk Thierbach GmbH, a Special Purpose Vehicle which owns the development rights to the Thierbach green hydrogen project (“Thierbach”), a large green hydrogen production plant near Borna in Germany, capable of producing around 6,000 tonnes (over 200,000MWh) of green hydrogen per year during the first 100MW phase. The project will also integrate battery storage.

The transaction will see JLEN invest up to €5.7m to bring Thierbach to a construction-ready stage. This acquisition comes with rights secured to fund the development and build-out of Thierbach and a pipeline of further green hydrogen projects.

West Gourdie Battery Storage

West Gourdie Battery Storage

Stake100%

LocationDundee, UK

On 3 March 2021, JLEN announced the acquisition of a 100% equity stake in Gigabox South Road Limited (“GSRL”). GSRL holds the development rights to construct the West Gourdie project, a 50MW lithium-ion battery energy storage plant based in Dundee, UK.

The West Gourdie project is fully consented and construction ready.

Storage projects provide vital support to the National Grid, by reducing system imbalance and enhancing the grid’s ability to harness a greater level of intermittent renewables on the system. The West Gourdie project will be connected to Scottish Hydro Electric Power Distribution plc’s distribution network and has a 49.9MW import and export connection. The project will provide stability to the local network either through direct provision of balancing services to the National Grid, or by reducing volatility on the system via wholesale trading in the wholesale power markets and/or the Balancing Mechanism, a tool used by the National Grid to balance supply and demand in real time .

This acquisition represents JLEN’s third investment into battery storage systems, adding to the two co-located batteries that the Company owns as part of its run-of-river hydro portfolio.

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