Altech Batteries (ASX:ATC, FRA:A3Y) Secures Environmental and Construction Permit for German Facility

March 17, 2025 12:05 PM AEDT | By Sonal Goyal

Altech Batteries (ASX:ATC, FRA:A3Y) Secures Environmental and Construction Permit for German Facility — Image source: ATC update

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Highlights

Altech Batteries has secured BimSch-G environmental and construction approval for its 120 MWh CERENERGY® facility in Germany.

The approval allows Altech Batteries GmbH (ABG) to begin site clearing and construction, Subject to completion of project financing.

The secured approval is crucial for financing phase.

Altech Batteries Limited (ASX:ATC, FRA:A3Y) has obtained BimSch-G approval, an environmental and construction permit, for its Germany-based 120 MWh CERENERGY^® GridPack production facility. This approval enables the company’s joint venture subsidiary, Altech Batteries GmbH (ABG), to initiate site clearing and construction, subject to project financing.

Strategic Progress in Project Development

In September 2023, an application for a permit and license was submitted by Altech, together with its engineering subcontractor LEADEC, balance-of-plant subcontractor ARIKON and architecture for the proposed construction and operation of the 120 MWh CERENERGY® battery project. In Germany, the approval process for such projects is based on the environmental impacts, with the majority of the projects requiring federal authorisation under the German Federal Immission Control Act (BimSchG).

To ensure a seamless execution, Altech aligned the permit and licensing process with its Definitive Feasibility Study (DFS). This proactive approach has prevented potential delays, positioning the project for a swift transition to construction once financing is secured.

With environmental and construction approval now in place, financial institutions are expected to have greater confidence in the project.

ATC shares were trading 2.44% higher at AU$0.042 per share at the time of writing on 17 Marc

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