1. The JV between Eiffage Énergie Systèmes and Entech is focusing on BESS projects connected to the 50-400kV high-voltage network in France.
2. Eiffage Énergie Systèmes will own 60% of the entity, while Entech will own 40%, with governance being equally shared between the two companies.
3. Both companies already have a presence in the energy storage market, with Entech winning a public tender for BESS projects in France, and Eiffage Energie Systèmes involved in projects in the Ivory Coast and southern France, as well as being part of a consortium building a gigafactory in France for ACC.
A joint venture between Eiffage Énergie Systèmes and Entech is focusing on Battery Energy Storage System (BESS) projects connected to the 50-400kV high-voltage network in France. The companies have several projects in the works, with a target market worth over €1 billion. Eiffage Énergie Systèmes will hold a 60% stake in the entity, with Entech owning 40%, while governance will be equally split. Eiffage Énergie Systèmes specializes in the electrical, industrial, HVAC, and energy systems industry, with a presence in all types of construction markets.
Both companies already have a presence in the energy storage market, winning projects in France and Ivory Coast. Eiffage Énergie Systèmes is also involved in building a lithium-ion gigafactory in France. BESS projects connected to high-voltage networks are less common but have gained prominence. While the construction and infrastructure requirements for such projects may be higher, they offer greater visibility in system operator control rooms and a more reliable grid connection. The JV’s current focus is on BESS projects in France, with designs at an advanced stage.