REG - Ampeak Energy Ltd. - Ampeak Energy achieves planning permission for AW2

Ampeak EnergyAnnouncement

01/10/2025 13:00

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RNS Number : 6621B  Ampeak Energy Limited  01 October 2025

1 October 2025

 

 

AMPEAK ENERGY LIMITED

("Ampeak Energy" or the "Company")

 

 

Ampeak Energy achieves planning permission for AW2 Battery Project

 

 

Ampeak Energy is pleased to announce that Newport City Council committee has
granted planning permission with conditions for the 250MW/1250MWh Battery
Storage Project at its Uskmouth Sustainable Energy Park ("USEP"), including
the removal of 140,000 tonnes of historic pulverised stored ash at the site to
be used in sustainable building products. The Afon Wysg 2 ("AW2") project is a
joint venture with Econergy International Limited (Econergy).

 

This is an exciting next step for the site and all the project partners
involved in transforming the USEP. The transformation will see the previous
site of two coal-fired power stations become one of the largest battery
storage facilities in the UK, as well as a Sustainable Energy Park, attracting
energy generation and large-scale end-users.

 

Ampeak Energy and Econergy will now work towards financial close of the
project, which has a connection date of 2029.

 

AW2 is the third battery storage project to be developed at the USEP, which
still has significant land and potential development opportunities that Ampeak
Energy will continue to drive forward for the benefit of the local economy,
the planet, and its shareholders.

 

To give perspective to the scale of this latest development at USEP it should
be noted the AW2 site, once fully built, will be capable of storing 5 times
the capacity of the AW1 240MWh project. Ampeak Energy reached financial close
on this project, as announced on 5 August 2025.

 

The 11 acres of land at the AW2 site is owned by Ampeak Energy and will also
attract revenues from rental income generated by the project once it reaches
financial close.

 

Both local and national stakeholders recognise the redevelopment of the USEP
as strategically significant in attracting and supporting continued investment
in Wales, and beyond, especially in the growth sectors, such as A.I and
large-scale data centres.

 

In just a few months, Ameak Energy has achieved financial close and started
construction of its AW1 project, made significant steps towards planning
permission for its MeyBESS Battery project in Scotland, and has now secured
planning for its AW2 Battery Project at USEP.

 

Ampeak Energy would like to thank its project partner, Econergy, and all those
who have put in considerable time to achieve this milestone.

 

 

 

This announcement contains inside information as defined in Article 7 of the
EU Market Abuse Regulation No 596/2014, as it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act 2018, as
amended, and has been announced in accordance with the Company's obligations
under Article 17 of that Regulation.

 

 

 

 

 

For further information, please contact:

 

 Ampeak Energy                                            +44 (0)7739 832 446

 Sean Parsons, Director of External Affairs

 Strand Hanson Limited (Nominated and Financial Adviser)  +44 (0)20 7409 3494

 Richard Johnson

 Rory Murphy

 David Asquith

 Zeus Capital Limited (Broker)                            +44 (0)20 3829 5000

 Louisa Waddell

 Simon Johnson

 

Notes to Editors

Ampeak Energy is a global developer, owner and operator of sustainable energy
projects. Ampeak Energy owns the world's flagship tidal stream project,
MeyGen, and the Uskmouth Power Station site, which is being repurposed into a
sustainable energy park that will become one of the UK's largest battery
energy storage sites. www.ampeak.energy (http://www.ampeak.energy)

 

Ampeak Energy's strategy: "Building a Sustainable Future to 2035", can be
viewed here (https://ampeak.energy/strategy/)

 

 

 

Proud to be part of London's universe of Green Economy Equities

 

 

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