Bracewell (UK) LLP represented Fotowatio Renewable Ventures (FRV) on the acquisition of a majority interest in a platform to develop 600 MW of battery storage systems. FRV, a leader in the development of sustainable energy solutions, has acquired a majority interest from, and partnered with, Greek developer Wootis SA to develop, construct and operate a portfolio of existing battery energy storage system projects across Greece. The portfolio of 600 MW battery energy storage systems held by the platform is divided into several facilities under development by Wootis.
The portfolio is the largest commercial operation in the field of electricity storage with battery systems under development in Greece…
