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

Prospect Storage is latest project in GlidePath’s 1 GW+ storage
pipeline to break ground

WEST COLUMBIA, Texas–(BUSINESS WIRE)–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 execute 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.

Contacts

Peter Gray
Aileron Communications
312-629-9400
[email protected]

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