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Giga Storage reaches financial close for the Green Turtle battery project

· Energy / battery storage

Location
Dilsen-Stokkem, Limburg (Flanders) · 🇧🇪 Belgium
Project
Green Turtle grid-scale battery storage (700 MW / 2.8 GWh) — financial close
Investment
€450m (debt financing)
Status
Financial close; construction start September 2026

Giga Storage reached financial close for the 700 MW / 2.8 GWh Green Turtle BESS — €450m in debt from a consortium of ten banks (incl. Rabobank, Santander, ING, ABN AMRO, Belfius), with equity from InfraVia. Construction starts September 2026, commissioning in 2028; one of Europe's largest battery storage projects, providing grid services to Elia. Announced on 10 Jul 2026 (financial close). The date is a placeholder: only the year 2028 is given for commissioning.

Source: ess-news.com ↗ · Archived copy ↗

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