Technical FAQs 4

Will ABN AMRO be the largest battery energy storage system in France?

Dan Dorner, Chief Commercial Officer Corporate Banking said: “We are happy to have supported this landmark project, which will become the largest battery energy storage system in France upon its completion. This marks ABN AMRO’s first BESS transaction in France, and builds upon our broader BESS and renewable energy track record.

How is the Cernay-lès-Reims battery project funded?

The Cernay-lès-Reims battery project has been made possible through innovative financing, supported by a banking consortium that includes ABN AMRO, NORD/LB, and Caisse d’Epargne CEPAC.

How will the Cernay Bess contribute to France's energy sovereignty?

“Leveraging an innovative financing structure and deploying storage at scale, the Cernay BESS will contribute significantly to France’s energy sovereignty while enhancing grid stability as renewable energy penetration grows” he added.

What is tagenergy doing in France?

“TagEnergy is proud to announce this flagship project in France, just weeks after connecting the first phase of the Southern Hemisphere’s largest wind farm in Australia and the UK’s largest transmission-connected battery”, said Franck Woitiez, CEO of TagEnergy.

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