ContourGlobal acquires 2,000 MWh Wallace BESS in UK

ContourGlobal has entered the UK market with the acquisition of 500 MW/2,000 MWh Wallace battery energy storage (BESS) from a consortium of sellers including New Energy Partnership Limited. It is a four-hour-duration BESS. The project is expected to participate in the upcoming UK Capacity Market auction. The project also benefits from a full planning consent, a secured land option, and allocated Gate 2 status under the UK grid connection reform process. 

In January 2026, ContourGlobal commissioned a 202 MW/500 MWh standalone battery energy storage system in the Stara Zagora region of Bulgaria. The facility is fully operational and is participating in the country’s day-ahead and intraday electricity markets. Located on a 25,000 square metre site within the Maritsa East 3 coal-fired power plant complex, the project is funded through the European Union’s NextGeneration EU programme. 

In November 2025, ContourGlobal completed a $350 million renewable energy project financing in the US. The financing supports the company’s 324 MWp Black Hollow Sun solar project in Colorado, which comprises 185 MWp currently operational at the Black Hollow Sun I site and an additional 139 MWp under construction. This transaction includes both a tax equity component and a debt financing package.