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Balfour Beatty, ERock Form Texas Microgrid with Signed Contracts in Excess of 50 MWs

May 26, 2016

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Copyright 2010-16 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

Balfour Beatty Infrastructure Partners LP (BBIP) and Enchanted Rock, Ltd. (ERock) announced the closing of an equity financing to fund the construction of microgrid power assets in the state of Texas.

The microgrid assets will be owned through a newly created entity, Texas Microgrid, LLC (Texas Microgrid), and operated by ERock, an EPC, O&M and energy management partner,

Texas Microgrid said that it will provide backup power to a portfolio of creditworthy commercial and industrial customers using distributed natural gas generators. Additional revenues will be earned through sales of electricity and ancillary services in ERCOT.

Currently Texas Microgrid has signed customer contracts totaling over 50 MWs.

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