LandBridge Signs Development Agreements for 350 MW Battery Storage Projects with Samsung C&T Renewables

Reuters12-11
LandBridge Signs Development Agreements for 350 MW Battery Storage Projects with Samsung C&T Renewables

LandBridge Company LLC announced that it has entered into development agreements with subsidiaries of Samsung C&T Renewables, LLC. The agreements provide Samsung C&T Renewables with the option to lease acreage in Pecos and Loving counties, Texas, for two potential Battery Energy Storage System $(BESS)$ projects with a combined capacity of 350 MW. These agreements grant Samsung C&T Renewables exclusive rights to develop BESS facilities at the specified locations. The projects could potentially become operational by the end of 2028.

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