Eolus Vind: Eolus to sell Pome battery storage project - ABG

Eolus signs agreement to sell 100 MW battery storage project
Estimated EV for the project in the USD 230-235m range
'25 estimates de-risked by sales agreement


Agreement signed for sales of Pome battery storage project

Eolus Vind has signed an agreement to sell its 100 MW stand-alone battery storage project, Pome, located in California, U.S. Eolus is currently constructing the BESS project in Poway Business Park in the San Diego area, with commercial operation expected in H1'25. The closing of the transaction is subject to fulfilment of certain conditions and is anticipated to occur in Q1'25, in line with our estimates.

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