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Calibrant Energizes Three Front-of-the-Meter Battery Storage Systems in New York, Unlocking Grid Relief and Corporate Value

WESTCHESTER, N.Y.--(BUSINESS WIRE)-- Calibrant, a leading provider of on-site energy solutions for large power users, has energized and begun generating Value of Distributed Energy Resources (VDER) credits from three front-of-the-meter battery energy storage systems in New York. Located across Westchester County, these systems utilize U.S.-manufactured battery systems to deliver a combined 13.5 MW / 55.7 MWh of dispatchable capacity to the Con Edison electric grid.

The Westchester portfolio plays an important role in stabilizing the grid, especially during peak summer demand鈥攚hen electricity is most expensive and grid reliability is critical. In exchange for providing power when the grid needs it most and helping to reduce the need for costly new infrastructure, these projects are compensated through VDER bill credits that offset utility bills.

Unlocking Value for Corporate Customers

The Westchester systems showcase a novel commercial approach that enables large commercial and industrial customers to enjoy the financial benefits of distributed energy鈥攚ithout requiring them to host any infrastructure on-site. Calibrant secured 100% of the off-take through direct agreements with C&I customers, creating a pathway for large energy users to benefit from New York鈥檚 VDER program. Contracted off-takers include 鈥攁 major data center operator鈥攁nd a large hospital institution.

This model delivers meaningful bill savings and proves especially valuable for organizations with space constraints or permitting challenges that would otherwise prevent on-site energy deployment.

鈥淐oreSite is pleased to collaborate with Calibrant through a long-term energy agreement that supports our energy management objectives while enhancing the reliability of the local electric grid serving our data centers in the New York area,鈥� said Ben Garrard, Vice President of Power and Energy Management at CoreSite.

鈥淲e鈥檙e proud to be a trusted partner in New York, delivering flexible grid assets that strengthen local communities,鈥� said Phil Martin, CEO at Calibrant. 鈥淟imited physical space at some customer sites can make on-site energy solution infeasible. In this case, we delivered an off-site configuration that still drives meaningful savings鈥攁 testament to our ability to find and deliver significant value, no matter the circumstances.鈥�

The three battery systems were originally developed by and are fully owned and operated by Calibrant.

Supporting New York Communities

Beyond providing grid reliability and cost savings, these projects create long-term economic value for the communities in which they are located. Each project site owner receives 20-year annual lease payments, turning underutilized land into a stable income stream. The battery systems also contribute local taxes, supporting municipal budgets and essential public services.

The Westchester portfolio supports the State of New York鈥檚 goal of deploying 6 GW of energy storage by 2030 and underscores Calibrant鈥檚 leadership in deploying scalable, high-impact clean energy infrastructure in complex markets. The projects were made possible in part by support from NYSERDA鈥檚 Retail Storage Incentive program and the Westchester County and Mount Pleasant Industrial Development Agencies.

About Calibrant Energy

Calibrant is a leading provider of on-site energy solutions for large power users. Calibrant develops, owns, and operates a diverse portfolio of distributed energy technologies including battery storage, solar, and microgrids. By combining innovative financing solutions with deep industry expertise, Calibrant empowers companies to achieve their energy goals faster, more economically, and more sustainably. As a Macquarie Asset Management portfolio company, Calibrant is backed by the world鈥檚 largest infrastructure fund manager with $580+ billion in global assets. Learn more at and on .

About CoreSite

CoreSite, an American Tower company (NYSE: AMT), is a leading interconnection data center platform that empowers businesses to future-proof their digital transformation initiatives. For more than 20 years, CoreSite鈥檚 purpose-built, highly interconnected data center campuses and team of experts have delivered the cloud-enabled, resilient and flexible digital ecosystems required for customers to quickly scale and interoperate their businesses to support the increasing demands of critical workloads, like AI and high-density applications. For more information, visit and follow CoreSite on our blog, and channels.

Forward-Looking Statements

This press release contains statements about future events and expectations, or 鈥渇orward-looking statements,鈥� all of which are inherently uncertain. We have based those forward-looking statements on management鈥檚 current expectations and assumptions and not on historical facts. These forward-looking statements involve a number of risks and uncertainties. For important factors that may cause actual results to differ materially from those indicated in our forward-looking statements, we refer you to the information set forth under the caption 鈥淩isk Factors鈥� in Item 1A of American Tower鈥檚 most recent annual report on Form 10-K, and other risks described in documents American Tower subsequently files from time to time with the Securities and Exchange Commission. Neither we nor American Tower undertake any obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

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Source: Calibrant Energy