Aura Banco BV Backs Battery Storage Project in UK

By Global Infrastructure Sherpa · Oct 12, 2024

Financing Battery Storage announced United Kingdom Oct 12, 2024

GBP50M

Deal Value

50100 MW

Capacity

Aura Banco BV provided £50 million in financing to GridFlex Energy Ltd for the development of a 50 MW / 100 MWh battery storage project in the UK. The project will enhance grid stability and support the integration of renewable energy sources.

Timeline

Announced

Oct 12, 2024

Signed

Closed

Counterparts (2)

Developer

GridFlex Energy Ltd

company

GridFlex Energy Ltd focuses on developing and investing in energy infrastructure projects. Their str...

Lender

Aura Banco BV

company

Aura Banco BV is a financial institution. Information on their specific investment focus and strateg...

Market Context

This deal is part of the Battery Storage sector in United Kingdom.

Battery Storage deals

deals in United Kingdom

Source

www.nationalwealthfund.org.uk

1 of 23 Battery Storage deals tracked this month · Updated daily

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Aura Banco BV Backs Battery Storage Project in UK

Timeline

Counterparts (2)

Market Context

Source

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