Copenhagen Infrastructure Partners Acquires Beehive BESS

Copenhagen Infrastructure Partners (CIP) has acquired full ownership of the 1 GWh of a battery energy storage system (BESS) known as the Beehive battery energy storage system (Beehive). Beehive is a 250 MW / 4-hour duration (1000 MWh) storage project located in Peoria, Arizona. Following commencement of construction earlier this year by EDF Power Solutions (EDF), CIP will manage the project through the remainder of construction, with commercial operation expected in the first half of 2026.

The project has a 20-year tolling agreement with Arizona Public Service Company (APS), the largest energy company in Arizona, serving approximately 1.4 million homes and businesses in 11 of the state’s 15 counties. Beehive is designed to receive energy from the power grid during periods of high renewable penetration, store it in a series of batteries, and discharge electricity back into the power grid at peak demand hours. The BESS thereby supports APS in managing its growing energy and capacity demand.

“With electricity demand rapidly increasing in the Southwest, we anticipate battery storage will play a critical role in powering innovation and economic growth,” said Tim Evans, partner and head of North America at CIP. “Beehive will provide reliable energy and grid services to customers in Arizona and build on CIP’s track record of developing, constructing, and operating energy infrastructure investments across the country. We are pleased to have worked with the EDF power solutions team.”