Foresight Energy Infrastructure Partners II invests in German battery storage developer Mirai Power
Type: Investment · Technology: Storage · Country: Germany · Capacity: 12.5 GW · Announced: 2026-03-30
Foresight Energy Infrastructure Partners II (FEIP II) invests in Mirai Power GmbH, a German battery storage developer founded in 2024 with a 12.5 GW pipeline of transmission-connected and distribution-level BESS projects. The investment supports FEIPs goal of building a pan-European Independent Flexibility Provider.
Analysis
Foresight Energy Infrastructure Partners II has invested in German battery storage developer Mirai Power, which has built a 12.5GW pipeline of battery energy storage projects across Germany since its founding in 2024. Mirai Power develops, constructs, and operates large-scale battery storage assets, primarily targeting transmission-connected projects in Germany. The investment was announced on 2026-03-30 and the founding team of Mirai Power will continue to lead the business with support from Foresight to expand into international markets. The value of the investment was not disclosed. Foresight Energy Infrastructure Partners II and Mirai Power are the counterparts in this investment deal.
Key points
- 12.5GW pipeline of battery energy storage projects
- Investment announced on 2026-03-30
- Mirai Power founded in 2024
- Foresight Energy Infrastructure Partners II as investor
- Location: Germany
Counterparties
- Mirai Power (Developer)
- Foresight Energy Infrastructure Partners II (Investor)