Advanced Clean Energy Storage (ACES) Project

Advanced Clean Energy Storage (ACES) Project

Project Type
Greenfield
Sector
Power/Energy storage (non-battery)
Project Stage
In construction
Region
North America
North America
Country
United States

Project Overview

Project cost
$1.15bn
Financial Stage
Financial close

Ownerships

Date: 12 Sep 2023
Company Percentage
Mitsubishi Power Ltd. 45.00 %
Chevron New Energies 55.00 %
Date: 30 May 2019
Company Percentage
Mitsubishi Power Ltd. 45.00 %
Magnum Development 45.00 %
Haddington Ventures 10.00 %

Project Deals

Advanced Clean Energy Storage I - Project Financing
$500m
May 2022
Project & Infrastructure Finance
Energy storage (non-battery)
North America
North America
United States