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Message: Elevate Renuables - A wholey owned subsidary of ArcLight Funds

https://newprojectmedia.com/news/elevate-renewables-sees-nationwide-potential-for-bess-assets-paired-with-existing-thermal-generation

Elevate Renewables, owned by private equity funds managed by ArcLight Capital Partners, aims to expand its business of pairing battery storage to traditional generation plants nationwide, starting with its parent company’s fleet in Connecticut.

Founded in 2022, the company last week announced BESS developments that will be built on-site at the Middletown Generating Station, Montville Generating Station, Bridgeport Harbor Station, New Haven Harbor Station, and the Devon Power Station in Connecticut, and will be available to come online in 2026 and 2027.

They’re going big. Founder and Head of Development Eric Cherniss told NPM that the projects in the Connecticut portfolio will all be sized in the “hundreds of megawatts.” Their aim is balancing reliability and reduction of carbon emissions as the energy transition evolves.

 

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