Divestiture • Energy Services and Equipment

GridStor Acquires Capacity Power Group - 100 MW / 400 MWh battery storage project in Arizona

On January 27, 2025, GridStor acquired energy services and equipment company Capacity Power Group - 100 MW / 400 MWh battery storage project in Arizona from Capacity Power Group

Acquisition Context
  • This is GridStor’s 1st transaction in the Energy Services and Equipment sector.
  • This is GridStor’s 1st transaction in the United States.
  • This is GridStor’s 1st transaction in Arizona.

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M&A Deal Summary

Date January 27, 2025
Target Capacity Power Group - 100 MW / 400 MWh battery storage project in Arizona
Sector Energy Services and Equipment
Buyer(s) GridStor
Sellers(s) Capacity Power Group
Deal Type Divestiture

Target Company

Capacity Power Group - 100 MW / 400 MWh battery storage project in Arizona

Arizona, United States
Capacity Power Group's 100 MW / 400 MWh battery storage project in Arizona is a standalone battery storage project.
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Buyer Overview 1

Buyer

GridStor

Portland, Oregon, United States

Category Company
Founded 2022
Sector Energy Services and Equipment
DESCRIPTION

GridStor develops, acquires, and operates utility-scale, standalone battery storage projects primarily across North America. GridStor was founded in 2022 and is based in Portland, Oregon.


Deal Context for Buyer #
Overall 1 of 2
Sector: Energy Services and Equipment 1 of 2
Type: Divestiture 1 of 2
State: Arizona 1 of 2
Country: United States 1 of 2
Year: 2025 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-18 Strata Clean Energy s 100 MW / 400 MWh White Tank battery storage project

Arizona, United States

Strata Clean Energy's 100 MW / 400 MWh White Tank battery storage project provides grid‑scale energy storage and is based in Arizona.

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Seller Profile 1

SELLER

Capacity Power Group

Los Angeles, California, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Capacity Power Group focuses on Front-of-the-Meter Energy Storage Systems (ESS). CPG works with partners on strategically located, stand-alone ESS projects to address grid constraints and provide services to select grid networks in the Western United States. Capacity Power Group is based in Los Angeles, California.


Deal Context for Seller #
Overall 1 of 1
Sector: Energy Services and Equipment 1 of 1
Type: Divestiture 1 of 1
State: Arizona 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1