Generate Capital Acquires esVolta to Expand Battery Storage and Grid Resilience
July 21, 2022
Generate Capital has acquired utility-scale battery storage developer esVolta LP, adding a portfolio of more than 900 MWh of operational and contracted projects and a pipeline across multiple U.S. states and Canada. The deal gives Generate entry into the front-of-the-meter battery storage market to expand its grid-connected storage capabilities and accelerate deployment of energy storage projects for utilities and offtakers.
- Buyers
- Generate Capital
- Targets
- esVolta LP
- Industry
- Energy
- Location
- California, United States
- Transaction Type
- Buyout
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