Medway Grid Energy Storage System Project
A 250 MW utility-scale battery energy storage system in Medway, Massachusetts, enhancing grid stability.
About
The Medway Grid Energy Storage System Project is a significant battery energy storage system located in Medway, Massachusetts. The project aims to enhance grid stability and reliability by providing energy storage solutions. Advantage Capital recently closed a $158 million tax equity investment to bring this project online, highlighting its importance in the renewable energy and grid infrastructure landscape.
Key facts
At-a-glance profile data
- Website
- medwaygrid.com
- Headquarters
- Medway, Massachusetts, USA
- Founded
- 2022
- Total funding
- $158M (Tax Equity Investment)
- Business model
- B2G
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 31 Mar 2026 | Tax Equity Investment | $158M | Advantage Capital |
Frequently asked
How much funding has Medway Grid Energy Storage System Project raised?
Medway Grid Energy Storage System Project has raised a total of $158M in funding. The most recent round on record is Tax Equity Investment.
What is Medway Grid Energy Storage System Project's current status?
Medway Grid Energy Storage System Project's current operating status is: Inactive.