Ampyr agrees to buy Davenport BESS
Singapore-backed Ampyr Australia has purchased the eight-hour 270MW Davenport battery energy storage system (BESS) slated for construction in the Spencer Gulf region of South Australia from Green Gold Energy, as well as changed its name and development site.
The project will now go by the name of Northern Battery and be developed at the Northern Power Station - the site of South Australia's last coal plant. The expected cost of the project is A$400m (US$262m).
In July, Ampyr obtained A$340m in project financing from Bank of China, CBA, Coöperatieve Rabobank, HSBC, Société Générale, and UOB for the 300MW/600MWh Wellington battery energy storage system (BESS), which will be located in Wellington, New South Wales.
