BESS - Emerging asset to essential infrastructure

The recent closing of the substantially merchant battery financing, Constantine, along with the Zenobe-led Eccles project have drawn attention to the development of the BESS asset class. These transactions highlight an increase in the number of financings in Europe, particularly in the UK. By Nathalie Lemarcis, managing director, energy finance and advisory and Michael de Witte, director, energy finance and advisory, Societe Generale Corporate & Investment Banking.