CIP acquires Arizona BESS project

Beehive BESS project site map. Image: EDF Renewables

By April Bonner | Energy Storage News

Copenhagen Infrastructure Partners (CIP) has acquired full ownership of the 1GWh Beehive battery energy storage system (BESS) project in Arizona, US, from EDF Renewables North America.

The 250MW/1,000MWh project is located in Peoria, Arizona. CIP will manage the BESS through the remainder of construction, and commercial operation is expected in the first half of 2026.

Beehive has a 20-year tolling agreement with utility Arizona Public Service Company (APS). The offtake deal with APS was signed in November 2024.

CIP says the project supports APS in managing a growing energy and capacity demand by receiving energy from the power grid during periods of high renewable penetration, storing it in a series of batteries, and discharging electricity back into the power grid at peak demand hours.

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