Federation Asset Management says it will launch a multibillion-dollar platform that specialises in investing in large, long-duration batteries in a significant step-up in its portfolio of renewable energy assets.
Federation, which manages more than $2 billion, intends to be hands-on, developing most battery projects from scratch, handling the acquisition of land at optimal points in the grid, the development and the complex grid connection process, as well as construction, commissioning and operations.
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