Medway Grid Energy Storage System Project

Medway Grid Energy Storage System ProjectMedway Grid Energy Storage System Project
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Medway Grid Energy Storage System Project

A 250 MW utility-scale battery energy storage system in Medway, Massachusetts, enhancing grid stability.

DR 02022InactiveMedway, USA
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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.
Frequently asked

What does Medway Grid Energy Storage System Project do?

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.

What is Medway Grid Energy Storage System Project's revenue?

StartupHub estimates Medway Grid Energy Storage System Project's annual revenue at $103.0M (range $19.8M to $165.7M, 35% confidence), based on comparable companies in the sector.

What is Medway Grid Energy Storage System Project's valuation?

StartupHub estimates Medway Grid Energy Storage System Project's effective valuation at $673.1M (range $395.0M to $948.0M, 24% confidence), based on comparable companies in the sector.

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.

Where is Medway Grid Energy Storage System Project headquartered?

Medway Grid Energy Storage System Project is headquartered in Medway, Massachusetts, USA.

When was Medway Grid Energy Storage System Project founded?

Medway Grid Energy Storage System Project was founded in 2022.

What industry does Medway Grid Energy Storage System Project operate in?

Medway Grid Energy Storage System Project operates in Energy, Utilities, Infrastructure, Renewable Energy, Energy Storage, Battery Technology.

What is Medway Grid Energy Storage System Project's current status?

Medway Grid Energy Storage System Project's current operating status is: Inactive.

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