Hunt Energy Network Acquires 200-MWh Battery Project in Texas
The Texas-based clean energy wing of the longtime oil and gas-focused Hunt family companies has acquired a 200-MWh battery storage project in the Lone Star state.
Hunt Energy Network LLC acquired the Fort Duncan Battery Storage Facility from developer Recurrent Energy, a subsidiary of Canadian Solar Inc. Fort Duncan Battery Storage, which is in Maverick County, achieved commercial operation in June 2025.
Hunt Energy Network is focused on clean energy interconnection into the Electric Reliability Council of Texas (ERCOT) system. It is a spinoff of Hunt Energy Group, which includesHunt Oil and other industrial companies.
The company’s traDER platform automates and coordinates distributed and clean energy deployment into ERCOT. Hunt Energy Network now owns and operates about 420 MW of battery storage capacity.
"We are fully committed to dramatically growing our presence within ERCOT, and this acquisition is a strong step towards achieving that goal,” Pat Wood III, executive chairman of Hunt Energy Network, said in a statement. “We appreciate the collaboration with Recurrent on this transaction, and we look forward to operating this asset for many years."
Energy storage installation in Texas is growing, and the state could eventually overtake California as a national leader in utility-scale battery interconnection. Texas increased its energy storage installations 67% year over year, according to a new report by the Solar Energy Industries Association and Benchmark Minerals Intelligence.
Fort Duncan Battery Storage was built with $183 million in project financing and tax equity. It operates on a merchant basis in the ERCOT market and is a standalone battery energy storage system in the ERCOT South load zone, providing grid support and reliability services in that region.
"The project has demonstrated exceptional performance and has become a reliable and responsive asset for the Texas grid,” Recurrent Energy CEO Ismael Guerrero said. “This transaction is an important milestone in our strategic initiative to selectively monetize projects to support our continued growth."
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