S4 Energy enters Germany with agreement to acquire a 310 MW battery energy storage portfolio

S4 Energy will build, own and operate the BESS assets. This acquisition marks S4 Energy's entry into the German market and reinforces CCI's commitment to advancing its BESS platform's proven capabilities across key markets in Europe.

The portfolio consists of a combination of shovel-ready and advanced projects, with expected operational dates between 2026 and 2028. The BESS assets are strategically positioned to support Germany's renewable targets, enhancing network stability and providing the flexibility required for a sustainable power grid.

CCI is a global energy commodity merchant with integrated businesses focused on marketing, merchandising and trading commodities, and the ownership, operation and development of commodities-related infrastructure assets. Please visit CCI’s website for more information.

S4 Energy develops, builds, owns and operates grid-scale battery energy storage systems and helps energy producers, grid operators and end users to stabilize supply and demand and make the most of the existing infrastructure.

Terra One, founded in Berlin in summer 2023, is a pioneer in the field of battery energy storage systems (BESS) in Germany. The company currently employs a team of 20 specialists in the fields of software development, data science, energy trading, project development and financing.

The A&O Shearman team was led by partner Max Landshut and counsel Marie-Luise von Buchwaldt (both Corporate/M&A) and comprised furthermore partners Dr. Christian Hilmes (Real Estate), Dr. Börries Ahrens (Antitrust, all Hamburg), Dr. Udo Olgemöller (Public Law) and Florian Lechner (Tax, both Frankfurt), counsel Dr. Daniel Bolm (Real Estate, Hamburg), senior associates Hauke Jung (Real Estate, Frankfurt) and Benn Berger (Tax), as well as associates Juliana Palavra Gorgueira, Johann von Pachelbel-Gehag (both Corporate/M&A, all Hamburg) and Janina Müller (Public Law, Frankfurt).