Leclanché selected for first energy storage project in US

November 1, 2016

On November 1, 2016, Leclanché S.A. (SIX: LECN) announced that it had been selected by Swiss Green Electricity Management Group (SGEM) to serve as the engineering, procurement and construction (EPC) contractor and battery energy storage system supplier for the Chicago area Marengo Project.

Marengo is a 20 MW / 10 MWh grid-scale energy storage project which is among the largest, fully commercial battery storage projects in North America. This latest project, the company’s first in the United States, strengthens the company’s presence in North America.

Leclanché, based in Switzerland, is a fully vertically integrated battery energy storage solution provider. SGEM is an independent owner and operator of energy storage assets.

Aaron Atcheson of Miller Thomson advised Leclanché with respect to the negotiation of the EPC contract.