Elements Green Completes Acquisition of 149 MW Bolney Green Energy Hub to Bolster UK Storage Portfolio
LONDON, UK – Elements Green is delighted to announce the acquisition of the Bolney Green Energy Hub site from Envirotech Energy Solutions. Following the successful signing of a Share Purchase Agreement (SPA), Elements Green has assumed full ownership of the West Sussex development, marking a major expansion of the firm’s UK renewable energy portfolio.
The Bolney Green Energy Hub, located near Wineham, is a high-capacity 148.8 MW battery energy storage system (BESS) with a 4-hour duration. The scheme received planning approval from Mid-Sussex District Council in September 2024 and is scheduled to be fully operational in Q4 2027.
Elements Green were advised by Bird & Bird on legal matters, and Everoze on technical due diligence.
Envirotech Energy Solutions were advised by Fladgate on legal matters and Savills Earth Capital.
Strategic Expansion
This acquisition represents a significant addition to Elements Green’s growing fleet of energy storage assets. By purchasing the project in its entirety, Elements Green will leverage its global development expertise to bring the Bolney Green Energy Hub through to construction and operation, ensuring the site delivers maximum benefit to the UK’s national grid.
This milestone follows the recent financial close of the 360 MW BESS Staythorpe scheme in Nottinghamshire, further solidifying Elements Green’s position as a leader in large-scale energy infrastructure.
"We are thrilled to bring the Bolney Green Energy Hub into the Elements Green portfolio. This 4-hour duration project is exactly the type of high-integrity infrastructure needed to support a flexible and reliable renewable energy future. With the SPA now signed, our team is focused on delivering this 148.8 MW asset as part of our wider 13,000 MW global pipeline." Rasmus Friis, CEO
"The board and shareholders of Envirotech Energy Solutions Ltd, are pleased to have concluded this transaction with Elements Green. Following a protracted and diligent planning process, and various uncertainties around renewable energy in 2025, to be able to conclude arrangements in advance of NESO mod offers, demonstrates the confidence Elements Green has in the sector and in the quality and strategic value of our Bolney Green Energy Hub project, and as a UK based leading renewable energy developer, based and operating in the UK, Elements Green were always our preferred partner for this project." Envirotech Energy Solutions Ltd.