A US utility-scale battery-storage developer, owner and operator headquartered in Albany, NY; majority-owned since 2021 by South Korea's SK E&S.
Seoul-based clean-energy company, an affiliate of SK Group (one of South Korea's largest conglomerates). Announced a majority-stake acquisition in September 2021 and closed it later that year; three SK E&S executives joined KCE's board.
Key Capture Energy (KCE) is a US developer, owner and operator of utility-scale battery energy storage systems, founded in 2016 and headquartered in Albany, New York, with offices in Houston and Salt Lake City. As of January 2025 it reported over 620 MW of operating storage across the US and a development pipeline exceeding 10,000 MW. (Key Capture Energy)
Since 2021, KCE has been majority-owned by SK E&S, a Seoul-based clean-energy company that is an affiliate of SK Group, one of South Korea’s largest conglomerates; three SK E&S executives joined KCE’s board at the close. (Key Capture Energy) As with Terra-Gen’s Masdar ownership, this foreign parent is the basis for the “foreign-owned” framing that surfaces in some local opposition — though it is rarely the central objection.
KCE has deep New York roots: its KCE NY 11 was the first project awarded under NYSERDA’s energy-storage incentive program, in January 2020. (Key Capture Energy) Across the cases this site documents, KCE’s New York projects span the full outcome spectrum — one delivered, one blocked by a town ban, and one under active local review — making it a useful lens on how the same developer fares town by town. Those projects are listed below.