EGO Energy, an Italian company owned by the Shell Group and active in energy management and trading, has signed a seven-year fixed price tolling agreement with Aer Soléir for the exclusive management and dispatching of a 250 MW, four-hour duration, battery energy storage system, located in Rondissone, Piedmont.
The facility is currently under construction, with completion and COD expected by October 2027. Once operational, the battery will be among the largest battery energy storage systems in operation in Italy.
Through this partnership, EGO Energy, together with Shell Energy Europe, further strengthens its portfolio of flexible energy solutions, contributing to the development of a more efficient and resilient energy system in Italy.
Carlo Corallo, founder and CEO of EGO Energy, stated: “We are very pleased to have reached this long-term tolling agreement with such a reliable global developer as Aer Soléir. Over the past few years, we have been working to manage this type of technology in combination with our consistent portfolio of renewable capacity, aiming to become one of the first traders of flexible products to meet the growing demand for innovative and sustainable solutions in the Italian energy market. “
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About Aér Soleir
Aer Soléir is an affiliate of 547 Energy, the clean energy investment platform of Quantum Capital Group, a Houston-based, leading provider of private capital to the global energy and energy transition industry, managing more than $30 billion in equity commitments since its inception. Aer Soléir invests in sustainable infrastructure projects in Europe from early-stage development through to Final Investment Decision and beyond. Aer Soléir is developing best-in-class, large-scale onshore wind, solar PV, and energy storage projects that will provide material, long-lasting economic benefits to local communities.