StarCharge Americas Corporation has officially signed a massive Master Service Agreement (MSA) with Beneficial Holdings, Inc. (BFHJ). This deal, valued at approximately $3.2 billion, focuses on large-scale Battery Energy Storage Systems (BESS) for data centers and other energy projects across the United States and Puerto Rico.
The partnership is set to move quickly, with the first of 29 initial projects scheduled to launch in June 2026.
Powering the Data Center Boom
This collaboration comes at a time when the demand for data centers is skyrocketing. These facilities require immense amounts of power and perfect reliability. The agreement ensures that data centers will have the energy storage needed to prevent downtime and manage high electricity demand.
Andreas Fornwald, Chief Development Officer at StarCharge Americas, emphasized the scale of the deal:
“This is the first step in a partnership which allows our two companies to come together for positive results in congestion issues, while promoting business growth in critical communities across the US and Puerto Rico. The implications of this deal extend far beyond mere numbers, given such large contracts signal a monumental shift in the US energy storage industry.”
Smart Technology and Tax Benefits
A key part of this deal involves navigating complex trade and tax laws. Beneficial Holdings chose StarCharge because their partnership complies with “non-Foreign Entity of Concern” (FEOC) rules. This allows the projects to qualify for the highest possible Investment Tax Credits (ITC) in the U.S.
Greg Senkevitch, CEO of Beneficial Holdings, praised the partnership:
“StarCharge Americas is a critical partner as we accessed non-Foreign Entity of Concern (FEOC) partnerships to maximize the investment tax credits for our grid scale projects. StarCharge offers a diverse range of intelligent and reliable energy solutions powered by cutting-edge technology.”
Preventing Blackouts and Improving Stability
The new storage systems are designed to handle emergencies. They facilitate “black starts,” which allow data centers to reboot quickly after a power failure. By mixing traditional power with renewable energy, the system ensures that data centers stay online even if the main power grid struggles.
Dave Hyland, Vice President of Sales at StarCharge, noted:
“As data centers increasingly require versatile and reliable energy solutions, we have advanced energy storage systems that stand out when efficiency is critical; our solutions ensure that storage is not only cost-effective enabling significant savings but also robust enough to provide the reliability that is non-negotiable in this sector.”
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