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Broad Reach Power to Build 15 Battery Storage Projects Across

HOUSTON – June 9, 2020 – Broad Reach Power, a rapidly growing energy storage independent power producer (IPP) based in Houston which owns a three gigawatt portfolio of utility scale solar and energy storage power projects in Montana, Wyoming, California, Utah and Texas, today announced that it will build 15 utility-scale battery storage

Broad Reach Power enters into definitive agreement with

HOUSTON – August 11, 2021 – Broad Reach Power LLC ("Broad Reach"), an independent power producer based in Houston which owns a 13-gigawatt portfolio of utility-scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has entered into an agreement with Sungrow Power Supply Co

Newcomer Broad Reach Power to deploy increasingly large battery systems

Steve Vavrik, managing partner and CEO with Broad Reach Power told Energy-Storage.news that the 15 systems to be built this year will provide reliability services to the Texas grid. Energy storage systems can mitigate the risk of price spikes and dips that are occurring, with generators, utilities and retail electric providers alike all "exposed to uncertainty in the supply

IPP Broad Reach Power expands into California with 100MWh

Broad Reach Power said it expects to continue development work begun by Enel and construction should being next year for Cascade to be completed and commissioned during 2022. The company is backed by energy investment groups EnCap Investments, Yorktown Partners and Mercuria Energy and said that including its standalone energy storage projects

Leading Global Organizations Launch New Consortium

Broad Reach Power is the leading utility-scale battery storage platform in the United States. Based in Houston, Broad Reach is backed by leading energy transition investors, EnCap Investments L.P., Apollo Global Management, Yorktown Partners and Mercuria Energy. The company owns a 21 GW portfolio of utility-scale battery storage and renewable

Broad Reach Power Acquires 25-Megawatt/100-Megawatt-Hour

HOUSTON – Nov. 23, 2020 – Broad Reach Power ("Broad Reach"), an independent power producer (IPP) based in Houston which owns a five gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has acquired the 25-megawatt (MW)/100-megawatt-hour (MWh

Broad Reach Power

Broad Reach Power is an independent power producer backed by leading energy investors EnCap Investments and Yorktown Partners. They are leading the global energy transformation, applying advanced energy storage technology and

ENGIE s''offre Broad Reach Power et vise 10 GW de batteries

L''énergéticien français ENGIE a signé un accord ferme pour l''acquisition de Broad Reach Power, une société américaine spécialisée dans le stockage par batterie. Avec cette opération, le leader de la transition écologique compte bien renforcer sa position et viser les 10 GW de capacité de stockage d''ici 2030.

Broad Reach Power and Lancium Partner to Support Grid

Broad Reach Power is the leading utility-scale storage platform in the United States. Based in Houston, Texas, Broad Reach is backed by leading energy transition investors, EnCap Investments L.P., Apollo Global Management, Yorktown Partners and Mercuria Energy. The Company owns a 21 GW portfolio of utility-scale solar and energy storage power

Broad Reach Power bags financing for 880MW of BESS projects

US developer Broad Reach Power has closed US$435 million in financing to start construction on 880MW of battery storage projects in the CAISO and ERCOT markets, for 2023/24 commissioning. The developer announced the financing from a large consortium last week (28 July), which will enable it to start construction on the seven standalone battery

Broad Reach Power

Broad Reach Power was founded by EnCap in 2019 to develop, construct, and operate utility-scale battery energy storage systems across the central and western U.S. power markets. BroadReachPower . EnCap Investments. 713.659.6100 phone 713.659.6130 fax 9651 Katy Fwy Sixth Floor

Broad Reach Power Acquires Montana Wind and Solar Projects

250-megawatt wind and 250-megawatt solar assets join company''s existing investments in Big Sky Country. HOUSTON – Dec. 17, 2020 – Broad Reach Power ("Broad Reach"), an independent power producer (IPP) based in Houston which owns a five-gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California,

Montana

In 2020, Broad Reach Power acquired the Buffalo Trail Wind and Solar Farm near Broadview, Montana. When fully operational, the facility will generate close to 1 GW of renewable energy for export. The site is strategically located adjacent to the Broadview Substation, one of the largest energy onramps to customers in the Pacific Northwest.

News & Insights

HOUSTON – July 28, 2023 – Broad Reach Power today announced it has closed $435 million in credit facilities to support the construction of 7 stand-alone energy storage projects totaling 880 MW of capacity in Texas and California. The Battery Energy Storage System (BESS) projects are currently under construction with expected commercial

Broad Reach Power Closes $160 Million Project Financing on 18

HOUSTON – Broad Reach Power ("Broad Reach"), the leading utility-scale battery storage platform, which owns a 21 gigawatt (GW) portfolio of utility-scale battery storage and renewable power projects across the U.S., today announced it successfully closed a $160 million project financing for 17 operating battery energy storage systems in Texas and one in California.

Engie to buy US battery storage firm Broad Reach Power

French utility company Engie has reached a deal, with an equity value of over $1bn, to purchase Texas-based battery energy storage firm Broad Reach Power. The sellers were private equity firms EnCap and Apollo.

Broad Reach Power Closes $435 Million Financing for 880 MW of

HOUSTON – July 28, 2023 – Broad Reach Power today announced it has closed $435 million in credit facilities to support the construction of 7 stand-alone energy storage projects totaling 880 MW of capacity in Texas and California. The Battery Energy Storage System (BESS) projects are currently under construction with expected commercial operation dates ranging from late 2023

Broad Reach Power

Broad Reach Power is an independent power producer backed by leading energy investors EnCap Investments and Yorktown Partners. They are leading the global energy transformation, applying advanced energy storage technology and power market analytics to improve the operational and financial performance of traditional and renewable utility-scale.

Broad Reach Power builds two Texas battery plants equal in

Broad Reach Power only formed in late 2019, with backing from EnCap Investments, an energy investment fund which has put venture capital into sectors including oil and gas previously. At its formation in September last year, the company said it had plans to be in control of more than 2GW of generation by 2021, including both standalone energy

CATL sells 900MWh of BESS to US independent power producer

Image: Broad Reach Power. China''s Contemporary Amperex Technology Limited (CATL) has sold 900MWh of battery energy storage system (BESS) equipment to US independent power producer (IPP) Broad Reach Power. The BESS will be installed at six projects in Texas which Broad Reach Power is developing.

ENGIE accelerates in battery storage through the acquisition of Broad

By acquiring Broad Reach Power, a Houston-based company specialized in battery storage, ENGIE takes a major step towards its objective of reaching 10 GW of battery capacity within the Group by 2030 to support the development of renewable energies.. For Catherine MacGregor, Chief Executive Officer of ENGIE: "This acquisition is fully in line with

Broad Reach Power Announces Leadership Transition Stacey

Broad Reach Power is the leading U.S. utility-scale battery storage platform. Based in Houston, Texas, the Company is backed by leading energy transition investors, EnCap Investments L.P., Apollo Global Management, Yorktown Partners and Mercuria Energy. The Company develops, owns and operates energy storage projects and hybrid storage-plus

Apollo Funds to Acquire 50% Stake in Broad Reach Power from

Apollo Funds and existing EnCap-led shareholder group also commit to invest up to $400 million of new equity to accelerate Broad Reach Power''s growth and expansion plansTransaction marks first

Improving the electrical grid with innovation and

"Broad Reach Power is excited to partner with Meta and demonstrate how standalone energy storage can reduce GHG emission by following marginal emission signals," says Yizhou Jing, manager of trading and origination at

California

The rapid transition to renewable energy in California has created a demand for superior battery storage facilities with the operational capacity to firm and shift power output to meet grid demands. Broad Reach Power has is currently constructing two energy storage projects that will reach commercial operation in the near term and is developing

ENGIE acquires Broad Reach Power

ENGIE has signed an agreement for the acquisition of Broad Reach Power, a Houston-based company specializing in battery storage. The acquisition supports ENGIE''s goal of having 10 GW of battery capacity globally by 2030. The

Broad Reach acquires solar and wind projects from

Independent power producer Broad Reach Power has acquired two US renewable projects from project developer Invenergy, for an undisclosed sum. Broad Reach purchased a 250MW solar project and a 250MW wind project in Billings, Montana. The projects will come online in 2022 and 2023, respectively.

Broad Reach Power Brings Two 100-Megawatt Battery Storage

Leading ERCOT standalone storage developer now operating 300 megawatts of battery storage to improve Texas grid reliability. HOUSTON – Nov. 2, 2021 – Broad Reach Power LLC ("Broad Reach"), an independent power producer based in Houston which owns a 21-gigawatt (GW) portfolio of utility-scale wind, solar and energy storage power projects across the United

Providing Solutions for a Clean Energy Future

Broad Reach Power Projects & Pipeline CAISO Under Construction ERCOT Operating MISO Pipeline Mountain West TX Formed in July 2019, Broad Reach Power ("Broad Reach" or "the Company") is a leading utility-scale independent power producer focused on energy storage and renewable operations across the U.S. We

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