Harmony Energy secures €3GW battery energy storage financing in Germany from NEDF

Harmony Energy Limited secured a three-year financing facility from NEDF, a Triple Point-managed partnership, to fund the development of 3GW of battery energy storage systems (BESS) in Germany. The financing supports a portfolio of late-stage projects connected at both transmission and distribution levels, accelerating grid-scale storage capacity in Europe's largest energy market. Harmony Energy CEO Peter Kavanagh highlighted Germany as a key market due to strong fundamentals and growing demand for flexible grid infrastructure. Triple Point's Head of Energy Jonathan Hick emphasized battery storage's critical role in enabling the energy transition, particularly in markets requiring renewable integration and grid flexibility. The transaction underscores Triple Point's focus on backing experienced developers with strong project pipelines and clear delivery pathways.

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Triple Point

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Harmony Energy

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Harmony Energy is a renewable energy developer, owner, and operator focused on utility-scale battery energy storage, solar farms, and wind assets across Europe and New Zealand. They develop, build, own and operate renewable energy infrastructure projects to power a more sustainable future.

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NEDF

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