Having acquired the asset, BW ESS will now take on construction delivery, long-term operation and ongoing community and stakeholder engagement.
Yanco is the fifth large-scale BESS development ACEnergy has taken to financial close, and the company said the sale reflects its ability to partner with long-term capital to deliver projects once they reach a construction-ready stage.
Global energy storage technology company CATL has been appointed system integrator for Yanco BESS, with ACLE Services engaged as balance of plant contractor.
Both companies will also provide long-term operations and maintenance services once the project is operational. The project’s revenues are underpinned by a capacity swap arrangement, providing long-term contracted cash flow, a structure increasingly common among Australian BESS developers seeking to reduce exposure to wholesale price volatility.
A project shaped by planning disputes and community commitments
