Project Finance Brief: S4 Energy to Acquire 310 MW BESS Portfolio in Germany

esVolta secures $110 million financing for Hummingbird energy storage project

November 20, 2024

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S4 Energy, an energy storage project developer and a majority-owned subsidiary of Castleton Commodities International (CCI), has agreed to acquire a 310 MW portfolio of German battery energy storage projects from Terra One Climate Solutions, a Germany-based energy storage project developer. The portfolio comprises projects in shovel-ready and advanced stages of development and is expected to reach commercial operation between 2026 and 2028.

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