June 6, 2024

A Shifting Market for Energy Storage M&A: Takeaways from the Infocast Investment Summit

GridStor VP of M&A Jack Murray recently spoke at Infocast’s Energy Storage Finance & Investment Summit. His takeaways: ERCOT is now a buyer’s market given project supply and growing buyer greenfielding capabilities; CAISO continues to be a seller’s market for mature projects; rising development costs and timelines will lead to some re-balancing in risk allocation; and in any market, buyer credibility – including development and EPC experience and capital availability – will increasingly weigh on counterparty selection.