Advanced Power Closes Sale of Rock Rose Energy Storage
Project demonstrates the company's depth of development expertise
Rock Rose is a 200-megawatt/2-hour battery energy storage system (BESS) located in
BESS facilities, such as Rock Rose, enhance grid reliability by storing surplus energy from the electric system. Grid operators can strategically dispatch power from BESS during periods of peak demand to support grid stability. BESS also accelerates the transition to cleaner, more resilient power infrastructure.
"The completed development and sale of Rock Rose Energy demonstrates the depth of Advanced Power's capabilities," noted
Advanced Power was advised by PEI Global Partners, a leader in financing energy projects and infrastructure in the
Advanced Power is focusing on further development in the
Advanced Power manages energy projects through all stages of a project life cycle, including development, financial structuring, construction, and operations. Rock Rose is included in the company's portfolio of thermal, renewable, and BESS projects proposed across the ERCOT, Midcontinent Independent System Operator (MISO),
For more information about Advanced Power, its projects, and core competencies in development, financial structuring, and asset management, please visit www.advanced-power.com.
About Advanced Power
Advanced Power is a privately-owned developer, manager, and owner of modern power infrastructure. Our experienced team is advancing a sustainable, reliable energy future through its deep expertise in project development, financial structuring, and asset management.
Advanced Power has successfully developed 6 GWac of thermal and renewable generation and BESS assets in the
Founded in 2000, Advanced Power is bringing reliable energy to places that need it and providing economic benefits plus jobs to communities, all while making massive contributions to the reduction of CO2 emissions.
Advanced Power has offices in
Advanced Power
Contact: Janine Saunders
Phone: +1 617 816 3119
Email: [email protected]
www.advanced-power.com
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SOURCE Advanced Power
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