M&A Deal Summary

GridStor Acquires Strata Clean Energy s 100 MW / 400 MWh White Tank battery storage project

On September 18, 2025, GridStor acquired energy services and equipment company Strata Clean Energy s 100 MW / 400 MWh White Tank battery storage project from Strata Clean Energy

Acquisition Highlights
  • This is GridStor’s 2nd transaction in the Energy Services and Equipment sector.
  • This is GridStor’s 2nd transaction in the United States.
  • This is GridStor’s 2nd transaction in Arizona.

M&A Deal Summary

Date 2025-09-18
Target Strata Clean Energy s 100 MW / 400 MWh White Tank battery storage project
Sector Energy Services and Equipment
Buyer(s) GridStor
Sellers(s) Strata Clean Energy
Deal Type Divestiture

Target

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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Buyer(S) 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 STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Arizona M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-27 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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Seller(S) 1

SELLER

Strata Clean Energy

Durham, North Carolina, United States

Category Company
Sector Renewable Energy
DESCRIPTION

Strata Clean Energy is a provider of renewable energy services. Strata Clean Energy is based in Durham, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-15 Crossover Energy Partners

Scottsdale, Arizona, United States

Crossover Energy Partners is a utility-scale renewable energy project developer. Crossover Energy Partners was founded in 2018 and is based in Scottsdale, Arizona.

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