ENEL SIGNS 85 MW OF CAPACITY STORAGE AGREEMENTS IN US WITH PACIFIC GAS AND ELECTRIC

Under the awarded Capacity Storage Agreements, Enel will build in California three energy storage projects with an overall installed capacity of 85 MW/340 MWh to increase the reliability of Pacific Gas and Electric's grid

These three projects will expand the Group's energy storage portfolio, which includes stand-alone battery storage systems, as well as projects combining storage with both thermal and renewable facilities

The storage facilities are expected to be operational by 2023, pending local and regulatory approvals