Eolus Sells Battery Storage Project in the US

Wind power company Eolus sells 127-megawatt Roccasecca project in Nevada to major US power producer.

Published on Feb. 16, 2026

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Eolus, a wind power company, has sold its standalone battery storage project Roccasecca in Boulder City, Nevada to a major independent American power producer. The purchase price amounts to approximately $66.9 million, equivalent to SEK 597 million, with payment in cash.

Why it matters

This sale marks Eolus's fifth project sale in the United States, demonstrating the company's ability to successfully develop and monetize renewable energy projects in the growing US market.

The details

The Roccasecca project is a 127-megawatt project that is currently under development and is expected to reach commercial operation in 2026. Eolus CEO Per Witalisson stated that the company completed the deal with perfect timing, delivering a de-risked project with contracted revenues, construction financing through completion, and a well-balanced allocation of construction risk.

  • The Roccasecca project is expected to reach commercial operation in 2026.
  • The revenue from the project sale will be fully recognized in Eolus's first quarter of 2026.
  • The total transaction proceeds will be reported as cash flow during the first quarter of 2026.

The players

Eolus

A wind power company that has sold its standalone battery storage project Roccasecca in Boulder City, Nevada to a major independent American power producer.

Per Witalisson

The CEO of Eolus who stated that the company completed the deal with perfect timing, delivering a de-risked project with contracted revenues, construction financing through completion, and a well-balanced allocation of construction risk.

Roccasecca

A 127-megawatt standalone battery storage project in Boulder City, Nevada that is currently under development and is expected to reach commercial operation in 2026.

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What they’re saying

“We completed this deal with perfect timing, delivering a de-risked project with contracted revenues, construction financing through completion, and a well-balanced allocation of construction risk.”

— Per Witalisson, CEO of Eolus (Press Release)

What’s next

The Roccasecca project is expected to reach commercial operation in 2026.

The takeaway

This sale demonstrates Eolus's ability to successfully develop and monetize renewable energy projects in the growing US market, further solidifying the company's position as a key player in the country's transition to clean energy.