GlidePath to buy 149 MW wind farms from Exelon

By Editor


GlidePath Power Solutions (GlidePath), an energy storage developer in America, agreed to acquire 149 MW portfolio of wind farms in North Texas from Exelon Generation.

GlidePath will have operating portfolio of more than 445 MW, in addition to its development pipeline of more than 1 GW of battery storage projects across the United States.

The wind portfolio includes eight distributed wind energy projects located north of Amarillo that serve the Southwest Power Pool (SPP) market.

GlidePath’s operations team will optimize the performance of the wind farms while the company explores opportunities to develop on-site battery storage systems.

“The high penetration of wind energy in North Texas offers us an excellent opportunity to pair these facilities with the latest battery storage technology,” said David Braun, president of GlidePath Asset Management.

Recently, GlidePath announced the Prospect Storage project, a 10 MW/MWh standalone battery project located in the ERCOT market about 50 miles south of Houston. Prospect Storage is currently in advanced construction.

GlidePath said its development pipeline of more than 1 GW of battery storage projects includes multiple facilities at various stages of permitting approval and pre-construction planning in New York, Texas and throughout the PJM grid operator’s service territory.

Latest News