Foss & Company launches Standalone Battery Storage Investment Division

Leading institutional investment fund sponsor, Foss & Company on Wednesday (September 13) unveiled its Standalone Battery Storage Investment division aimed at supporting investments in sustainable energy solutions.

Acknowledging the significance of battery energy storage system in integrating more renewable energy onto the grid and for stabilizing the grid, the company intends to fuel further investment in environmentally and socially beneficial projects.

Foss & Company has invested more than $200 million in a 300MW / 600MWh standalone battery energy storage project which marks the company's largest investment into a single asset to date.

"We have built a reputation for being entrepreneurial and leading the way into new tax credit markets as they come online. Our Standalone Battery Storage Investment Division will bring institutional tax equity to this new and rapidly growing market sector," said Bryen Alperin, partner & managing director, Foss & Company.

"This expansion reflects our dedication to leveraging our extensive experience to catalyze change in the energy sector. We're excited to embark on this journey and redefine how we power our world."

Foss & Company is looking to deploy $3 billion in tax equity into battery projects by 2028.