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CSI Energy Storage to provide batteries to UBS projects in ERCOT

November 21, 2022

CSI Energy Storage said it will provide up to 2.6 GWh of battery energy storage capacity for the build-out of energy storage projects managed by UBS Asset Management’s Real Estate & Private Markets business in North America.

The projects are scheduled to reach commercial operation in 2024 and 2025.

In July, UBS Asset Management acquired five standalone, development-stage energy storage projects in Texas from Black Mountain Energy Storage. The storage assets will provide ancillary services to support the Texas grid’s operation.

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