SUSI Partners has completed the acquisition of 90MW of UK battery storage projects.
The transactions include three utility-scale storage assets in the UK, totalling 40MW that are under construction or operation, and 50MW in the tendering phase in Scotland.
The deal marks SUSI’s entry into the UK battery storage market.
RINA supported SUSI Partners by providing full technical due diligence along with assistance during the procurement.
RINA renewables director Richard Abrams said: “With sustainability, decarbonisation and renewables and storage as core parts of the RINA business, we are pleased to be able to offer a strong track record in these areas.
“We were delighted to be appointed by SUSI Partners to be their technical advisor of choice on these four projects, which, with challenging timescales, reflected the broad and flexible capacity RINA can offer through its UK and global business.”
As technical advisor, RINA produced due diligence reports for the projects, including a review of construction and battery supply contracts, the grid connection offer, planning, and route to market contracts.
RINA also analysed the operational assets and reviewed capacity degradation, as well as supporting the tendering process with reviews of tender packs and bids for EPC and O&M contracts.