LandBridge Signs BESS Agreements with Samsung C&T Renewables

LandBridge Advances Clean Energy Strategy with Samsung C&T Renewables Through New BESS Development Agreements

LandBridge Company LLC (NYSE: LB; NYSE Texas: LB) (“LandBridge” or the “Company”), a leading land management and infrastructure platform serving the energy sector, announced that it has executed a set of development agreements with subsidiaries of Samsung C&T Renewables, LLC (“SCTR”). These Option to Lease Agreements give SCTR the right to lease acreage on two strategically located LandBridge sites in Pecos and Loving counties, Texas, for the potential development of large-scale Battery Energy Storage System (“BESS”) projects totaling 350 megawatts (MW) of capacity.

The newly signed agreements mark a significant milestone for LandBridge as it moves deeper into the clean energy space. While the Company’s portfolio has historically centered on supporting conventional energy development, these BESS projects would represent the first battery storage installations constructed on LandBridge-owned acreage. The move underscores the Company’s commitment to expanding its participation in the energy transition while pursuing opportunities that enhance the value and utility of its premium land assets.

Expanding the Role of Battery Storage in the Permian Basin

The Pecos and Loving County locations sit at the heart of the Permian Basin—one of the most energy-intensive and infrastructure-constrained regions in the United States. As renewable energy resources continue to expand across Texas, the state’s rapidly evolving grid increasingly relies on storage capacity to manage fluctuating power generation and stabilize the system during periods of peak demand.

Under the agreements, SCTR is granted exclusive rights at each site to evaluate, develop, and ultimately deploy BESS facilities engineered to enhance grid reliability and improve the integration of intermittent renewable energy sources. The combined 350 MW of capacity would enable the storage of excess electricity during periods of low demand and the discharge of power when the grid is most strained. Such capabilities play an increasingly vital role in Texas, where the Electric Reliability Council of Texas (ERCOT) market has seen significant volatility in recent years, coupled with a surge in renewable projects and heightened expectations for long-duration energy storage.

A Pathway Toward Commercial Operation by 2028

According to LandBridge, the BESS projects could reach commercial operation by year-end 2028, pending the completion of development milestones, grid interconnection processes, permitting, and construction. If fully executed, these facilities would contribute meaningfully to the state’s growing storage portfolio, adding critical load-balancing capacity in a region where renewable generation, transmission constraints, and power demand from the oil and gas industry intersect.

Battery Energy Storage Systems of this scale can deliver multiple grid services, including frequency regulation, voltage support, ramping, and reserve capacity. In ERCOT—an energy-only market—large BESS installations have become increasingly valuable for their ability to respond rapidly to grid imbalances and capture revenue opportunities across various ancillary and energy markets. With 350 MW of potential capacity, the combined projects could stand among the more significant storage developments in the West Texas area.

Strategic Alignment Between LandBridge and Samsung C&T Renewables

The collaboration with SCTR leverages the strengths of both companies:

  • LandBridge provides strategically located land assets, deep regional experience, and an integrated development ecosystem that supports large-scale infrastructure.
  • Samsung C&T Renewables, a subsidiary of Samsung C&T America, brings extensive expertise in renewable energy project development, investment, and execution across global markets.

SCTR has been steadily expanding its U.S. clean energy footprint, including solar, energy storage, and hybrid renewable projects. The BESS agreements with LandBridge reflect the company’s ongoing strategy to grow its leadership position in emerging energy technologies, particularly in markets where grid modernization and renewable integration create new demand for advanced storage solutions.

A Milestone for LandBridge’s Diversification Strategy

For LandBridge, the development agreements represent more than just an incremental business opportunity—they illustrate the company’s broader vision for the future of its land portfolio. LandBridge controls large contiguous acreage positions in key energy-producing regions, giving it a unique platform to support both traditional and next-generation energy projects.

Jason Long, Chief Executive Officer of LandBridge, emphasized this strategic evolution in his statement on the announcement:

“Our initial agreements with Samsung C&T Renewables, LLC represent a meaningful step in further strengthening and diversifying our clean energy portfolio. We look forward to building on this momentum as SCTR continues to expand its leadership position in the energy transition space.”

The Company’s shift toward incorporating renewable and storage assets into its portfolio also aligns with industry-wide trends. Across the energy sector, landowners and infrastructure operators are increasingly partnering with renewable developers to optimize land use, create new revenue streams, and meet the growing need for grid-scale storage capacity.

Supporting a More Resilient Texas Power System

Texas continues to experience some of the highest load growth in the country, driven by industrial expansion, data center buildouts, oil and gas operations, and population increases. At the same time, renewable generation—particularly solar—has grown rapidly. This combination has made battery storage essential for maintaining grid reliability, especially during extreme weather conditions or sudden shifts in supply and demand.

By enabling BESS development on its acreage, LandBridge contributes to a more flexible and resilient power system capable of supporting the state’s dynamic energy landscape. The Pecos and Loving County projects would help strengthen grid stability, reduce curtailment of renewable energy, and supply clean power to local and regional networks.

Positioning for Future Growth

As the partnership with SCTR progresses, LandBridge expects these initial agreements to lay the groundwork for additional clean energy opportunities across its land base. The Company has signaled that it views battery storage, renewables integration, and advanced grid technologies as key long-term growth areas that complement its traditional operations.

If executed to completion, the two BESS developments could serve as a model for future collaborations—positioning LandBridge as a versatile, land-driven platform supporting the evolving energy transition in the United States.

Source Link: https://www.businesswire.com/

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