Industry

Ardian and ENEL X, a successful partnership in the battery energy storage market

  • 16 December 2021

  • Infrastructure

  • USA

Due to the drop in battery technology prices in recent years, battery energy storage is witnessing an exciting opportunity for deployment of this business model. The electrification of the vehicle sector is the primary driver.

Ardian created this partnership with Enel in 2019 in order to launch Maple Leaf, a lithium-ion battery storage project in Ontario, Canada. Maple Leaf portfolio’s is composed of ten asset locations throughout Ontario and includes two separate 10 MW/20 MWh projects expected to reach commercial operations in 2021.

Our partnership with Ardian is really a win-win for both parties. Ardian is not a silent financial partner. They're a close, strategic operating partner whom we work with on a day to day basis.

Philip Martin, Vice-President of Energy Storage at ENEL X

Discover the Maple Leaf project with Philip Martin, Vice-President of Energy Storage at ENEL X.