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Hamburg Commercial Bank (HCOB) said it is providing financing to Juniz Energy for the construction and operation of three battery energy storage systems (BESS) in Germany, with a combined capacity of around 100 megawatt-hours (MWh). . Return has acquired a majority stake in Hamburg-based J&P Batterie Projekte GmbH with a €50 mln investment and commitment. The acquisition is the next step in Return's expansion in the German renewable energy market. The projects have been developed by TotalEnergies affiliate Kyon Energy.
