CIP Acquires 1 GWh Scatter Wash Battery Energy Storage Project in Arizona from Strata Clean Energy and Signs Construction and Asset Management Agreements with Strata
Copenhagen Infrastructure Partners (“CIP”), through its flagship fund, CI V, and Strata Clean Energy (Strata), a leading developer, owner, and operator of renewable energy, announced that CIP will acquire the 255MW / 1,020 MWh Scatter Wash standalone battery storage project in Phoenix, Arizona. Strata will continue to serve as construction and asset manager for the project.“Standalone storage will play an important role in addressing the rapidly growing energy capacity needs in the U.S. Southwest, enabling the decarbonization of Arizona’s power grid while maintaining reliability,” said Tim