UK-based company Zenobe has achieved financial close on a 300-MW/600-MWh battery energy storage project in Scotland. The Kilmarnock South facility will be installed under Zenobe's GBP 750 million large-scale energy storage investment programme in Scotland. The battery energy storage system (BESS) is expected to go live by late 2025.
Zenobe has a 1.2-GW portfolio of BESS projects in Scotland and estimates that the operation of these assets will bring up to GBP 1 billion in energy cost savings over 15 years. The funding for the Kilmarnock South project was extended by an international lending consortium and arranged by NatWest. Construction works can now begin on the project.
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