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Liedekerke successfully assisted Aquila Capital with its investment in the Ruien Battery Energy Storage System (BESS)

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09/11/2021

Aquila Capital and Nippon Koei have reached an agreement to jointly finance the procurement, final development and operation of a 25MW/100MWh grid-scale battery energy storage system (BESS) located in Ruien, Belgium. The BESS is one of the first projects of this type in Europe that meets all the relevant ESG standards and has a strong focus on sustainable construction and operation.
 
The Liedekerke core deal team included, amongst others, Damien Conem, Maurits Arnauw and Max Leblanc for the corporate aspects of the transaction and Jonas Vansevenant for the commercial and energy aspects.
 
The deal reinforces Liedekerke’s leading position on the Belgian BESS market. Having also assisted Trafigura in all Belgian law matters of the 25 MW BESS developed in Balen, Liedekerke is one of the very few law firms with in-depth expertise with respect to the legal hurdles and solutions for the development of a BESS in Belgium