Stendal BESS

104MW Stendal Battery Energy Storage System (BESS) Project - Financing

Borrower(s)
Stendal BESS
Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Germany

Deal Overview

Nofar Energy has closed an €87 million ($91.6 million) financing package for the 209MWh Stendal BESS in Saxony-Anhalt, Germany, featuring a first-of-its-kind Tolling Agreement to mitigate market volatility and ensure a stable revenue stream, with operations set to commence in 2026.

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Deal Volume
$91.62m
Financial Close
05/03/2025
Dealmakers
Sources
Submitted by participant(s)

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Project Deals

104MW Stendal Battery Energy Storage System (BESS) Project
$91.62m
Greenfield
Battery storage
Europe
Europe
Germany