WFW deal wins Proximo’s Storage Deal of the Year
WFW advised the lenders and hedge counterparties on financing for the Thorpe Marsh BESS project.
WFW advised the lenders and hedge counterparties on financing for the Thorpe Marsh BESS project.
The projects will be connected to the Hellenic Electricity Distribution Network Operator and are anticipated to contribute significantly to the flexibility and resilience of the Greek energy system.
The project, Matrix Renewables’ first stand-alone BESS project in the UK, is scheduled to begin commercial operations in Q3 2027.
We recently hosted the event ‘BESS Deep Dive’ to explore the practical challenges of developing and financing battery storage projects in Germany. Read the insights and key takeaways.
Watson Farley & Williams (“WFW”) advised Elgin on a £500m platform financing to support its pipeline of UK solar PV and co-located BESS projects. The consortium of lenders comprised NatWest, Societe Generale, BNP Paribas, Siemens Bank and Standard Chartered.
Three deals the firm advised on won at the prestigious IJGlobal Awards 2025.
The portfolio comprises 248MW utility scale renewable assets in Spain’s Andalucía and Aragón regions.
The joint venture will develop, build and operate a portfolio of Battery Energy Storage System projects.
One of the projects, Taxiarches, was one of the first BESS projects awarded priority grid connection through the Greek BESS Auctions.
The project will deliver 104 ultra-fast charging points across 18 motorway service areas along Italy’s busiest East‑West and North‑South corridors.
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