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TMCNet:  GlidePath Begins Construction on 10 MW/10MWh Battery Storage Project in Texas

[June 17, 2019]

GlidePath Begins Construction on 10 MW/10MWh Battery Storage Project in Texas

GlidePath, America's leading independent energy storage developer, has begun construction on the Prospect Storage facility. Located roughly 50 miles south of Houston, Prospect Storage is a utility-scale, distribution-connected standalone battery storage project. The 10 MW/10 MWh facility will serve the ERCOT market for energy and ancillary services.

The Prospect Storage project is the latest success for GlidePath, a company that has developed more than 100 MW of operating energy storage facilities and has built a greenfield storage development pipeline of more than 1 GW across the United States. GlidePath is a portfolio company of Quinbrook Infrastructure Partners, a specialist investor in low-carbon energy infrastructure.

GlidePath is one of a handful of companies in the country with direct experience in all project phases, from market strategy, siting and procurement through construction management and operations. GlidePath's team directly managed the full scope of this project and is on schedule to bring Prospect Storage from greenfield development to commercial operation in less than 9 months.

GlidePath broke ground in June and expects to begin operations in August of 2019. The project will improve electric reliability for Texas consumers this summer, when ERCOT predicts record demand for electricity and historically low generation reserves.

"As we advance the development of more than 1 GW of storage projects across the U.S., GlidePath is expanding the ways battery storage can improve electric service and reliability for consumers," said Chris McKissack, Chief Operating Officer at GlidePath. "We're proud of our team's ability to execte this project on a tight schedule and we look forward to delivering critical services to the ERCOT market."

Prospect Storage will use a modular system from Powin Energy consisting of lithium iron phosphate (LFP) batteries. GlidePath directly procured major components for the project and is working with a BOP contractor to complete construction and installation.

GlidePath owns an operating portfolio of more than 400 MW of wind, solar and storage projects in the U.S. and is nearing construction of additional battery storage projects in New York, Texas and throughout the PJM grid operator's service territory.

About GlidePath

GlidePath Power Solutions is a leading developer of distributed power solutions spanning multiple technologies and U.S. power markets. Led by a team of power industry veterans, GlidePath has successfully developed multiple battery storage projects in the U.S. and is actively progressing a multi-technology project development portfolio exceeding 1,000 MW of distributed power capacity. Chicago-based GlidePath is a portfolio company of Quinbrook Infrastructure Partners, a specialist investor in low-carbon energy infrastructure. For more information, visit www.glidepath.net.

About Quinbrook

Quinbrook Infrastructure Partners (www.quinbrook.com) is a specialist investment manager focused exclusively on lower carbon and renewable energy infrastructure investment and operational asset management in the US, UK and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested over US$ 17 billion in energy infrastructure assets since the early 1990's, representing over 30GW of power supply capacity. Quinbrook's investment and asset management team has offices in Houston, London, Jersey, and the Gold Coast of Australia. Quinbrook has completed multiple investments in both utility and distributed scale wind power, gas fired power reserve and 'smart grid' projects in the US, UK and Australia and currently manages Cape Byron Power (www.capebyronpower.com), one of Australia's largest base-load 100% renewable power generators.


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