WBS Power GmbH has sold its Project Jupiter, a large-scale BESS and solar PV initiative, to Prime Capital AG, marking a strategic move to integrate renewable energy with digital infrastructure in Germany.

Target Information

WBS Power GmbH has announced the successful sale of Project Jupiter, a flagship infrastructure initiative located in Germany, to Prime Capital AG, representing its Prime Green Energy Infrastructure Fund II S.A., SICAV-RAIF (PGEIF II). Project Jupiter consists of a 500 MW / 2,000 MWh Battery Energy Storage System (BESS) complemented by up to 150 MWp of solar photovoltaic (PV) capacity, strategically situated on a decommissioned military airfield in Brandenburg. This project is poised to become Germany's largest co-located solar PV and BESS facility, with construction expected to commence by late 2026 or early 2027, involving an estimated investment of €500 million.

The site, previously acquired by WBS Power in 2022, will feature a shared single grid connection to the 380 kV high-voltage line operated by the transmission system operator 50Hertz. In preparation for an expeditious connection to the grid, the involved parties have agreed to expedite procurement on long-lead infrastructure items, including transformers. Furthermore, the transaction includes the establishment of a joint venture to develop a hyperscale data center with a planned capacity of 500 MW in the vicinity.

Industry Overview in Germany

Germany's energy landscape is undergoing a transformation, characterized by a robust investment in renewable energy infrastructure as the nation aims to reduce reliance on fossil fuels and enhance sustainability. The integration of energy storage tech