CCI acquires LCEGS, enhancing S4 Energy BV's battery energy storage capabilities and promoting decarbonization.
Castleton Commodities International (CCI) has acquired LC Energy's battery storage platform, LCEGS, enhancing its subsidiary S4 Energy BV's capabilities in grid-scale battery energy storage. With ongoing projects set to launch in 2025 and a pipeline of about 7.5GW, S4 Energy aims to become a leading operator in Europe, focusing on the Netherlands and Germany. This acquisition underscores the importance of energy storage in supporting decarbonization and reliable power grid operations.
October 29, 2024
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