Enel X North America divests Enel X Storage to Calibrant Energy

The acquisition expands Calibrant’s pipeline, adding over 700 MWh of distributed energy projects in late-stage development and 2 GWh of optimization contracts. (Image Source: Calibrant Energy)

Calibrant Energy, a Macquarie Asset Management portfolio company, has acquired Enel X Storage (Enel DES) from Enel X North America, expanding its development pipeline and operating assets. This acquisition bolsters Calibrant’s ability to deliver clean energy solutions for commercial, industrial, and institutional customers. Calibrant and Enel DES share expertise in distributed energy technologies, including battery storage (BESS), PV, microgrids, and electric transport infrastructure. Enel DES brings 330 MWh of BESS projects in operations or construction, including North America’s largest behind-the-meter projects. Additionally, Enel DES contributes 700 MWh of distributed projects in late-stage development and 2 GWh of optimization service contracts.