StarCharge Americas Corporation® has announced the successful completion of a Master Service Agreement (MSA) with Beneficial Holdings, Inc. (BFHJ: OTC) for energy projects, including data centers, estimated at $3.2 billion in contract value for Battery Energy Storage Systems (BESS) in the United States and Puerto Rico. The first of 29 initial projects will launch in June 2026.
“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,” said Andreas Fornwald, Chief Development Officer at StarCharge Americas. “The implications of this deal,” he reported, “extend far beyond mere numbers, given such large contracts signal a monumental shift in the US energy storage industry, particularly as it relates to the burgeoning demand for data centers.”
“StarCharge Americas is a critical partner as we accessed non-Foreign Entity of Concern (FEOC) partnerships to maximize the investment tax credits (ITC) for our grid scale projects,” said Greg Senkevitch, CEO of Beneficial Holdings. “StarCharge offers a diverse range of intelligent and reliable energy solutions powered by cutting-edge technology, designed to cater to various scenarios and contribute to building a more efficient and resilient energy future,” added Mr. Senkevitch.
Andreas Fornwald commented, “In a rapidly evolving landscape, the partnership between innovative infrastructure developers like Beneficial Holdings and the burgeoning data center industry is set to redefine energy storage and management.”
“This landmark collaboration positions StarCharge as a premier supplier in the US data center boom and lays the groundwork for global expansion.” Andreas Fornwald added, “With our cutting-edge technology and sophisticated solutions, StarCharge is not just keeping pace with industry demands but is poised to lead.”
StarCharge Signs MSA With Beneficial Holdings
“As data centers increasingly require versatile and reliable energy solutions,” said Dave Hyland, Vice President of Sales, StarCharge, “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.”
The MSA solidifies project plans to address potential energy challenges, such as power blackouts. StarCharge solutions facilitate easier black starts, ensuring that data centers can recover swiftly and continue operations with minimal disruption. The StarCharge energy storage approach blends traditional power systems with renewable energy resources, creating a balanced and sustainable energy mix, ensuring that data centers can operate seamlessly regardless of the power source. This flexibility allows data centers to continuously thrive without downtime.
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