Overview
- Palisade Investment Partners, through its Intera Renewables platform, agreed to buy 100% of the Summerfield battery energy storage system from Copenhagen Infrastructure Partners.
- The utility‑scale battery is rated at 240 MWac and 960 MWh, sits about 50 km east of Adelaide in South Australia, and construction began in February 2025.
- Copenhagen Infrastructure Partners said construction is now substantially complete after de‑risking the project through development and build stages.
- Origin Energy will toll the asset under a long‑term contract, which pays for access to the battery and helps shield revenues from volatile power prices, with commissioning targeted for late 2026.
- Blue Power Partners will steer the project through commissioning, then Palisade Integrated Management Services will take over asset management, with the four‑hour system set to shift surplus renewables to peak demand and strengthen South Australia’s grid.