GlidePath Power Solutions, an energy storage developer, recently announced its acquisition of a 149 MW portfolio of wind farms in North Texas. The wind portfolio, acquired from Exelon Generation, is comprised of eight distributed wind energy projects located north of Amarillo that serve the Southwest Power Pool (SPP) market.
This latest acquisition brings GlidePath’s operating portfolio to more than 445 MW, in addition to its development pipeline of more than 1 GW of battery storage projects across the United States. GlidePath’s operations team will optimize the performance of the wind farms while the company explores opportunities to develop on-site battery storage systems, which it is believed would be the first battery storage projects in SPP territory.
This acquisition follows GlidePath’s recent announcement of the Prospect Storage project, a 10 MW/MWh standalone battery project located in the ERCOT market about 50 miles south of Houston. Prospect Storage is currently in advanced construction.
