Glennmont and Exus agree 800MW Italian battery storage project

Madrid, 12th January 2022 – Exus Management Partners (Exus), a leading expert in powering sustainable investments through operational excellence, has completed and connected the Fonte Figueira solar plant to the Portuguese grid following a significant shift in government policy regarding grid connections.

Exus Management Partners (Exus), an expert in powering sustainable investments through operational excellence, has continued its global expansion by announcing a new office in Istanbul.

Exus selected by Vitol to deliver full asset management services, driving a 60% increase in annual energy output.

In 2020, the main energy source for the EU was renewables, overtaking fossil fuels for the first time in history – according to the annual State of the Energy Union report by the European Commission.

Exus is to oversee project development and asset management across all of Glennmont’s sites, bringing the company’s construction and development portfolio to 3 GW.

Exus Management Partners has facilitated the financial close of the sale of a 450MW portfolio, owned in partnership by Spanish family office Corporation Masaveu (Masaveu) and Belgian investors Korys, to Chinese clean energy developer China Three Gorges Europe (CTGE).