Global Infrastructure SherpaEconergy Secured $29 Million for 120 MWh Battery Storage Project
USD29M
Deal Value
120 MW
Capacity
Econergy Renewable Energy secured £21 million (~$29 million) in project finance from Santander UK for its 40 MW/120 MWh Dalmarnock battery energy storage project in Scotland.
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Tel Aviv-based Econergy, already building out a 10 GWh battery storage pipeline across Europe, has secured £21 million in project finance from Santander UK for its 40 MW/120 MWh Dalmarnock project in Scotland. This funding, announced for January 2026, advances a key utility-scale battery facility in the UK. It also demonstrates Santander UK's ongoing support for the country's energy transition infrastructure.
- £21M (~$29M) project finance from Santander UK.
- 40 MW/120 MWh battery storage capacity in Scotland.
- Econergy's 10 GWh European battery storage pipeline.
- Announcement date: January 30, 2026.
Timeline
Announced
Jan 30, 2026
Signed
Closed
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