Copenhagen Infrastructure Partners Acquires Beehive Battery Energy Storage System in Arizona from EDF power solutions North America
Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, CI V, and EDF power solutions North America, today announced that CIP has acquired full ownership of the 1 gigawatt hour (GWh) Beehive Battery Energy Storage System (BESS).Beehive is a 250 MW / 4-hour duration (1,000 MWh) storage project located in Peoria, Arizona. Following commencement of construction earlier this year by EDF power solutions, CIP will manage the project through the remainder of construction, with commercial operation expected in the first half of 2026. The project has a 20-year tolling agreement