Hamburg, June 25, 2025
Luxcara, a leading independent German asset manager for clean energy infrastructure projects, has acquired a 520 MW battery energy storage system (BESS) project in Waltrop, Germany. It will be constructed on an unused site that was formerly designed to develop a coal-fired power plant. The project is one of the largest BESS projects in Germany to date, has already secured grid capacity, and is planned to operate under a tolling agreement.
The BESS plant is located near the town of Dortmund in North Rhine-Westphalia, strategically placed in Germany’s federal state with the largest demand for power. The region is characterized by a dense concentration of heavy industry and is situated within a critical node of the European power system. With direct access to the 380 kV transmission grid, the site is ideally positioned to provide system-level flexibility, enhance grid resilience, and accelerate the integration of renewable energy across central European power corridors. The unused industrial site is now being repurposed into clean energy transition infrastructure.
Luxcara’s investment comprises the development, construction, and operation of a large-scale BESS facility with a power capacity of 520 MW and an expected energy capacity of 1,040 MWh. Construction is scheduled to begin in 2026.
The project forms part of the large-scale Waltrop Battery Park, with a combined total power capacity of 900 MW and an expected energy capacity of 1,800 MWh, making it one of the largest BESS parks in Germany to-date. Luxcara is collaborating with BKW AG, an international energy and infrastructure company based in Bern, Switzerland, and Trianel GmbH, a German municipal utility cooperation with a focus on energy trading and procurement, project development, and support for municipal utilities. The project is currently undergoing review by the Federal Cartel Office.
Alexander Lüntzel, Investment Manager at Luxcara: “With this BESS project, we are not only expanding our clean infrastructure portfolio, but placing it exactly where grid flexibility is needed most. Moreover, repurposing a brownfield site formerly designed to develop a coal-fired power plant stands as a clear symbol of Luxcara’s continued commitment to driving the energy transition.”
Robert Itschner, CEO of BKW: “With our project in Waltrop, we are taking a major step towards creating a more flexible and stable energy system in Europe. Large-scale batteries enable us to store renewable energy intelligently and take targeted action. BKW can use its extensive expertise along the entire energy transition value chain: from planning, building and operating the large-scale infrastructure through to marketing the energy for trading.”
Sven Becker, Spokesperson of the Management Board of Trianel: “With the increasing volatility of renewable energies, it is becoming imperative to invest specifically in flexibility. Flexibility is the key to a successful energy transition. Battery storage systems in particular are ideal for stabilizing the overall system in a way that serves both the market and the grid. We are delighted to be implementing this nationwide outstanding project together with two strong partners who share our deep conviction in the need to make the energy system more flexible to ensure the success of the energy transition.”
About Luxcara
Luxcara is an independent asset manager offering equity and debt investment opportunities to international, institutional investors in the global clean energy infrastructure market. The Hamburg-based company acquires, structures, finances and operates clean infrastructure projects with a long-term, buy-build-operate approach for the clean energy transition. Luxcara’s longstanding focus on unsubsidized markets has made the company one of Europe’s most prominent investors in projects with long-term power purchase agreements. The company’s portfolio includes clean energy infrastructure across Europe. Its track record, dating back to 2009, makes Luxcara one of the continent’s most experienced asset managers for clean energy investments.
Follow us at www.luxcara.com or on www.linkedin.com/company/luxcara
About BKW
The BKW Group is a Bern-based international energy and infrastructure company, employing over 12,000 people. Its company network and innovative technologies enable it to offer customers a full range of skills in the areas of infrastructure, buildings and energy. The Group plans, builds and operates infrastructure to produce and supply energy to businesses, households and the public sector, and offers digital business models for renewable energies. Today, the BKW Group portfolio includes everything from engineering consultancy and planning for energy, infrastructure and environmental projects to integrated services in the field of building technology as well as the construction, servicing and maintenance of energy, telecommunications, transport and water utility networks. With trailblazing solutions, companies under the BKW Group umbrella create spaces for life.
The registered shares of BKW AG are listed on the SIX Swiss Exchange.
About Trianel
Since it was founded in 1999, the municipal utility cooperation Trianel has accompanied municipal utilities on their path to transformation with the aim of strengthening their independence and competitiveness in the energy market. Today, over 100 municipal shareholders and partners pool their interests at Trianel - in renewable energy project development, energy trading, energy procurement and the development of flexibility options. The approximately 400 employees support the optimization of business processes along the entire energy industry value chain.
Media contact Luxcara
Lars Haugwitz, GFD - Gesellschaft für Finanzkommunikation mbH
Telephone: +49 69 97 12 47 34 | E-mail: haugwitz@gfd-finanzkommunikation.de
Media contact BKW
Medienstelle BKW
Telephone : +41 58 477 51 07 | E-Mail : medien@bkw.ch
Media contact Trianel
Ingela Marré, Pressesprecherin
Telephone: +49 241 41320-543 | Mobil: +49 160 899 47 19 | E-mail i.marre@trianel.com
