Agilitas Energy Expands Leadership with Two More Battery Energy Storage Projects in Maine

PORTLAND, Maine, Jan. 20, 2022 /PRNewswire-PRWeb/ -- Leading northeastern distributed energy developer Agilitas Energy has recently acquired two more fully-entitled energy storage projects in South Portland and Sanford Maine from Energy Management, Inc, an energy company headquartered in Boston, Massachusetts.

The South Portland and Sanford projects are the latest additions to Agilitas Energy's Maine portfolio since its acquisition of New England Battery Storage and its three battery storage projects back in June last year. These storage systems in Maine become part of Agilitas Energy's rapidly growing platform of storage systems that totals 366 megawatts of capacity either online or in development.

Both systems are front-of-the-meter standalone battery storage systems that will participate in the ISO-NE wholesale markets upon commercial operation. The South Portland facility is designed to be a 10 MW system and the Sanford facility is designed to be 4.99 MW. These facilities are currently at the final development stage, projected to be ready for construction in March 2022.

"We are very excited to acquire these two new projects that enhance our leadership in the ISO-NE energy market," says Barrett Bilotta, President of Agilitas Energy. "We look forward to the successful delivery of the facilities by our EPC group and then applying our in-house asset management expertise to maximize the systems' revenue streams for the long run."

"We are pleased to sell these strategically-located energy storage projects to Agilitas Energy," said Jim Gordon, President of Energy Management, Inc. "Agilitas Energy has impressed us with their energy storage asset management capabilities and these two projects will be a great addition to their expanding energy storage portfolio."

Agilitas Energy is one of the first-to-market energy storage players in the northeastern U.S. and the first to bring a continuous storage facility to commercial operation in the ISO-NE control area.

About Agilitas Energy
Agilitas Energy is the largest integrated distributed solar and energy storage developer and owner / operator in the Northeast U.S. The Company invests in energy projects at various stages, from inception, full entitlement to commercial operation. The Company is an expert in the full cycle of development, construction, and distribution of large-scale distributed energy projects. The Agilitas Energy team has developed and/or built over 450 megawatts of solar PV and energy storage systems collectively since 2014 and is currently developing or constructing 557 megawatts of solar and energy storage projects throughout the United States.

More information can be found at: http://www.agilitasenergy.com

About Energy Management, Inc.
Energy Management, Inc. ("EMI") is a privately held energy company with a more than 40-year track record of developing, financing, constructing and operating clean energy projects. EMI has developed, constructed and operated numerous independent power generation facilities representing more than $2 billion in construction costs and over 1,100 MW in capacity. EMI management and employees possess a broad range of experience across all aspects of energy project development and multiple technologies including natural gas, biomass, offshore wind, solar, and battery energy storage.

More information can be found at: http://www.emienergy.com

Media Contact

Matt Burke, Agilitas Energy, 7814864007, [email protected]

SOURCE Agilitas Energy