We are please to share that Luxcara won the Equity Deal of the Year highly commended certificate for our 520 MW German battery energy storage system project Waltrop, at the Energy Storage Investment Award by Tamarindo on November 6.
We are grateful for the jury's evaluation, which stated:
“A transformative deal that – given the hybrid revenue model, brownfield redevelopment, and alignment with EU Taxonomy – elevate this deal to the gold standard. The deal, which involved a complex multi-party structure, sets a new benchmark for utility-scale investment.”
We believe, that Project Waltrop – one of the largest BESS equity transactions closed in Germany to date – reflects ambition, innovation, and impact. It sets a precedent for how the storage market can scale responsibly, investable, and in alignment with Europe’s long-term decarbonization and energy security goals.
The project delivers a transformative 520 MW/1,040 MWh battery storage asset in one of Europe’s most grid-constrained and industrialized regions, addressing urgent system needs. Its modular design allows for fast deployment and scalability. The broader Waltrop Battery Park (a partnership between Luxcara, Trianel, and BKW AG) targets 1.5 GW/3 GWh, making it one of the most ambitious BESS initiatives in Europe.
We congratulate all winners!
Further information on the acquisition and project Waltrop can be found on our website here.
Event Photo: Simon Callaghan
