Maximilian Erb

🔋 Salzgitter PowerCenter: Our Unified Cell Powers the Energy Transition Germany has installed over 2 million battery storage systems, with a total usable capacity of 22.1 GWh. But here’s the catch: more than 80% of this capacity comes from small residential systems, typically paired with rooftop solar. They provide green energy – but they don’t stabilize the grid. They don’t deliver on windless evenings. And they don’t stop feeding in when demand is already covered. ⚡ What we need now is grid-supporting storage – especially as renewable generation continues to expand rapidly. 💡 What if batteries didn’t just power electric vehicles, but also delivered green energy to the grid – precisely when and where it’s needed? With our battery-based energy storage solutions, this vision is becoming reality. We’re proud to announce the launch of our first large-scale stationary storage project – right here in our hometown of Salzgitter. Together with our partners Elli and TRICERA energy GmbH, we’re building the Salzgitter PowerCenter. 📌 Key facts: ▪️ 13 containers, each equipped with over 12,000 cells in our Unified Cell Format (UFC) ▪️ Power output: 20 MW ▪️ Storage capacity: 40 MWh ➡️ Enough to drive a VW ID.4 five times around the globe ▪️ Technology: LFP battery packs in PowerCo’s UFC ▪️ Go-live: December 2025 The result: our Unified Cell empowers e-mobility, supports the grid, and makes Salzgitter a landmark for the energy transition. ⚡

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To facilitate the energy transition in Germany, we need to expand and upgrade our grid infrastructure as the backbone of our energy system. Hence, Transmission System Operators like Amprion GmbH are planning significant investments to provide a future-proofed system.   As a shareholder in Amprion, one of the four TSOs in Germany, we fully support that. To secure the future funding of our 25.1% stake in Amprion, we’ve teamed up with Apollo Global Management, Inc., a global asset manager with significant experience in infrastructure investments.   Apollo will provide €3.2 billion in equity to a new joint venture that will hold our stake in Amprion. Together, we will gradually put these funds into Amprion to support its extensive investment programme. We are very excited to welcome Apollo as our new partner. This is a win-win for RWE, Apollo, Amprion and the energy transition.   📷: Amprion GmbH / Daniel Schumann

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Led by our partners Thomas Meurer and Tobias Schneiders, we are advising RWE on a partnership with Apollo Global Management, Inc. to secure funding of German transmission grid investment for the coming years. Learn more: https://lnkd.in/eQ65x5ii #MandA #Renewables #Energy

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Very proud to again represent Apollo in their most recent market-moving energy infrastructure deal: a €3.2 billion investment in a joint venture with Germany’s largest power producer, RWE. The joint venture will support transmission system operator Amprion’s major investment program for grid expansion over the next decade, enhancing critical German energy infrastructure. A Latham team including Otto von Gruben, Dr. Dominik Waldvogel, Christina Mann and Dr. Alexander Stefan Rieger advised on the transaction. https://lw.link/ogRs3X

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“Contracts for Difference lead to a reduction in electricity generation costs of up to 30 percent – the basis for competitive electricity prices. Without this reform, further auctions could fail – and with them the energy transition," said Stefan Thimm, Managing Director of BWO - Bundesverband Windenergie Offshore e.V. . Read more: https://lnkd.in/d86gurP6

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