City of Industry and Marici Project LLC partner for BESS development
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Description
Marici Project LLC, as project sponsor, will build and operate a 400-megawatt battery energy storage system facility under permit and development agreement with the City of Industry; initial operational term is expected to be 35 years.
Contract Details
Vendor
MARICI PROJECT LLC
Agency
City of Industry, CA
Contract Type
OTHER
Document Date
December 1, 2025
Contract Term
35 years (anticipated operational term of BESS facility)
Renewal Date
2060-12-01
Renewal Info
Potential permit or agreement extension after 35 years; subject to future city approval.
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