InfraVia creates Supernova Power via Mercia Power Response & Balance Power merger
Type: Acquisition · Technology: Storage, Gas · Country: United Kingdom · Capacity: 262 MW · Announced: 2026-04-01
InfraVia has established Supernova Power, a UK-focused flexible power platform, by acquiring majority stakes in and merging Mercia Power Response and Balance Power. This strategic consolidation aims to create a scaled, integrated storage and flexible power platform to support the UK energy system and accelerate the energy transition. Mercia Power Response brings expertise in flexible gas peaking plants and battery storage, while Balance Power is a leading developer of battery storage sites. The combined entity, Supernova Power, will leverage its enhanced capabilities in development, construction, operations, and financing to accelerate the build-out of battery storage and flexible generation assets, addressing the challenges of intermittent renewable energy generation.
Analysis
InfraVia has acquired majority stakes in Mercia Power Response and Balance Power Projects, merging them to create Supernova Power, a UK-focused flexible power platform, as announced on 2026-04-01. Foresight Group, an infrastructure and private equity investment manager focused on sustainable infrastructure, was a seller in this transaction. Macquarie Capital, a global financial services organization with expertise in renewables and infrastructure, advised InfraVia on the buy side. Legal counsel for InfraVia was provided by Ashurst and Burges Salmon, while Osborne Clarke and Squire Patton Boggs advised the sellers. Osborne Clarke previously advised on a EUR 192 million financing deal in Germany related to battery storage technology.
Key points
- InfraVia acquired majority stakes in Mercia Power Response and Balance Power Projects.
- The merged entity is named Supernova Power.
- The transaction was announced on 2026-04-01.
- Foresight Group was a seller in the deal.
- Macquarie Capital advised InfraVia.
Counterparties
- Osborne Clarke (Legal Sell)
- Balance Power Projects (Target)
- Squire Patton Boggs (Legal Sell)
- Macquarie Capital (Advisor Buy)
- Foresight Group (Seller)
- Ashurst (Legal Buy)
- InfraVia (Buyer)
- Burges Salmon (Legal Buy)
- Mercia Power Response (Target)
- E&Y (Advisor Sell)
- Supernova Power (Target)