25 September 2025
25 September 2025
Ofgem has shortlisted energy storage projects for the new LDES cap and floor scheme, featuring Li-ion BESS, flow batteries, pumped hydro and more.
The investment will be concentrated in countries with stable regulatory frameworks.
Post-money ownership stakes are set to be approximately 54% for TenneT Holding and 46% for the investing parties.
In FY25, only 8,830 circuit kilometres of new transmission lines were commissioned in the country.
The consortium will undertake the project's design, development, construction, and operation.
The investment will be concentrated in countries with stable regulatory frameworks.
Post-money ownership stakes are set to be approximately 54% for TenneT Holding and 46% for the investing parties.
In FY25, only 8,830 circuit kilometres of new transmission lines were commissioned in the country.
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