For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251013:nRSM0742Da&default-theme=true
RNS Number : 0742D Ampeak Energy Limited 12 October 2025
13 October 2025
Ampeak Energy Limited ("Ampeak Energy")
AW2 Battery Project receives formal planning
Following the approval at the planning committee meeting, as announced on 1
October 2025, joint venture partners, Ampeak Energy and Econergy
International Limited ("Econergy"), are pleased to further announce that they
have received the formal planning decision notice from Newport City Council.
The decision notice formalises the decision made at the committee meeting and
grants with conditions planning permission for Afon Wysg 2 ("AW2"), a 250MW
Battery Storage project at Ampeak Energy's Uskmouth Sustainable Energy Park
("USEP"), including the removal of pulverised fuel ash.
As battery technology continues to progress, and energy markets continue to
evolve the project is designed for a duration of up to 5 hours, bringing the
project's total potential capacity to 1,250 MWh.
Econergy is a key player in the UK energy storage market, with its 50MW
Swangate project recognised as one of the best-performing assets in the UK and
a further 360MWh of additional BESS projects in construction set to come
online in 2026.
These developments are part of Econergy's ~1.5GW UK pipeline, reinforcing its
role in delivering large-scale flexibility assets that advance the UK's
renewable energy transition.
The AW2 project will be the third battery storage project to be delivered at
the USEP, which is one of the leading battery storage sites in the UK.
This project, along with Ampeak Energy's MeyBESS battery project in Caithness,
Scotland, represents 2.45 GWh of Battery Storage projects. The scale of these
projects represents a 10x increase in the consented portfolio and storage
capacity of Ampeak Energy's flagship 240MWh AW1 project.
Ampeak Energy and Econergy are now focused on preparing the AW2 project for
financing and construction, with financial close due in 2027.
For further information, please contact:
Ampeak Energy +44 (0)7739832446
Sean Parsons
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
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/)
Econergy
Econergy Group (TASE: ECNR) is a leading European IPP and active developer
specializing in solar PV, Wind, and Energy Storage projects across key
European markets, including the UK, Italy, Spain, Romania, Poland, and Greece.
With a robust project pipeline exceeding ~14GW, Econergy is at the forefront
of driving Europe's renewable energy transition.
The company's local teams provide a strategic advantage, ensuring close
collaboration with regulatory entities and local communities. Econergy's solid
strategic partnerships are key to securing project funding and further.
Additionally, the company generates revenue across the entire value chain by
selling electricity, earning development and operation fees, and selling
projects at various stages of development, ensuring a diversified and
sustainable income stream.
http://www.econergytech.com (http://www.econergytech.com)
Proud to be part of London's universe of Green Economy Equities
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCPKBBKCBDDAKD
Copyright 2019 Regulatory News Service, all rights reserved