ESA Expands Development of Sturbridge Power and Carpenter Hill Power Projects in Massachusetts

MAITLAND, Fla., Feb. 10, 2025 - ESA is advancing its strategic expansion in Massachusetts with the Sturbridge Power and Carpenter Hill Power battery energy storage projects, now in advanced stages of development. Located at sites between Springfield and Boston, Massachusetts, these projects represent a pivotal investment in enhancing regional energy stability and addressing the massive growth in energy demand.

Together, the Sturbridge and Carpenter Hill Power projects will deliver a combined 300 megawatts (MW) of energy storage capacity and are exceptionally sited with large setbacks and existing screening. This advanced infrastructure will support greater grid reliability and mitigate challenges associated with peak energy demand.

"These well-sited assets exemplify ESA's commitment to strengthening American energy production and delivering premier investment opportunities in battery energy storage," said Lindsay Latre, Chief Executive Officer of ESA. "Backed by our advanced stakeholder engagement strategies and deep permitting expertise, we develop projects that not only overcome regulatory challenges but also maximize long-term value. Sturbridge Power and Carpenter Hill Power are strategically positioned to support Massachusetts' alternative energy objectives while enhancing economic growth."

Massachusetts' commitment to grid modernization and energy diversification presents a significant opportunity for private capital investment, particularly through the Clean Peak Standard. This policy framework enhances market incentives for energy storage and renewable integration, driving both long-term value creation and grid resilience. ESA's Sturbridge Power and Carpenter Hill Power projects are strategically positioned to capitalize on these opportunities, delivering strong returns while aligning with state priorities for carbon reduction and cost efficiency.

ESA aims to support Massachusetts' renewable energy targets and bolster the state's leadership in energy innovation. These projects will deliver significant value to the ISO-New England grid, offering investors a compelling pathway to participate in a growing, policy-supported market with stable revenue potential.