Date:00:01 MONDAY 7TH OCTOBER

Global clean energy enterprise TagEnergy’s Lakeside battery energy storage system (BESS) is now the largest transmission-connected BESS project in the UK following energisation.

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The 100MW/200MWh facility in Drax, North Yorkshire, England became TagEnergy’s first transmission-connected BESS following successful completion of the commissioning switching program by the project’s onsite team and National Grid engineers.

The project is 100 per cent owned and operated by TagEnergy, with Tesla, Habitat Energy and RES as project partners.

Engineering Procurement and Construction (EPC) contractor Tesla provided a system of Tesla Megapack 2XL lithium-ion batteries. Habitat Energy partners as route to market and battery optimiser, with independent renewable energy company RES as asset manager.

Franck Woitiez, Chief Executive Officer, TagEnergy said: “For a while, Lakeside will be the largest transmission-connected BESS project in the UK, and it is an important project that truly moves the needle for the energy transition.”

“We’re proud to have delivered the project efficiently, energised and connected onto National Grid’s transmission network without significant delays or operating issues. That is exactly what is needed to speed the transition,” Mr Woitiez said.

“We’re pleased to be working with our Lakeside project partners Habitat Energy, Tesla and RES to realise the full value of battery storage by connecting more people to more renewable power in our relentless pursuit of net zero,” he said.

TagEnergy acquired full ownership of the facility from RES in December 2021, commenced construction in August 2023 and achieved financial close with a landmark non-recourse debt package in October 2023.

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About TagEnergy

TagEnergy is a clean energy enterprise creating competitive clean power stations to accelerate the energy transition and help the world reach net-zero carbon emissions sooner. Since its formation in 2019, TagEnergy has assembled a portfolio of more than 6GW of solar, wind and battery storage technologies in the UK, Portugal, Spain, France and Australia, of which 1.7GW is under construction or operation.

TagEnergy is controlled by TagHolding SAS, a joint venture between the Impala SAS Group and Exor N.V., supported by major investors Mirova and Omnes, and is operated by a team of entrepreneurs, all shareholders. Its operations span the renewables value chain from development, financing, construction and asset management to commercialisation of its competitive clean energy. www.tag-en.com

TagEnergy Media Enquiries:

Beth Davies | M: 07551 579 135 | E: tagenergy@standagency.com