Gaw Capital Partners and BW ESS have launched Valent Energy, an investment platform in Australia with over 1.6 GW of utility-scale battery projects, including three in Victoria and New South Wales that are fully approved and ready-to-build.
Furthermore, Gaw Capital and BW ESS will bring together their resources in Valent Energy, commit and arrange capital of over $1.43 billion to build the BESS projects, and develop and grow its captive pipeline of development assets.
The portfolio consists of seven batteries and one solar PV farm project, of which three batteries, the 240 MW Mornington BESS, 250 MW Pine Lodge BESS, and 120 MW Apsley BESS, have secured both development and connection approvals and are finalising contracting to commence construction, with three other projects expected to secure connection approvals early next year.
