Global law firm Clifford Chance has advised Vattenfall on a tolling agreement with Royal Vopak (Vopak) for a portion of a planned battery energy storage system near Meeden in the province of Groningen, the Netherlands.
Under the agreement, Vattenfall will have access to 100 MW / 400 MWh of battery storage capacity, helping to balance fluctuations in electricity supply and demand.
Vopak will develop and operate the battery energy storage system, which will have a total capacity of 150 MW and a storage duration of four hours. Commercial operations are expected to begin in the second quarter of 2028.
The agreement supports Vattenfall’s goal of contracting at least 1.5 GW of battery capacity across its core markets and Vopak’s expansion into electrical energy storage infrastructure. Read more about the transaction here.
The Clifford Chance team consisted of associate Niels Kuil, partner Liesbeth Buiter and senior associate Johanneke Butijn.
Press contact: Iva Celic
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