Voltwise Power Closes $211 Million in Acquisition Financing

By Global Infrastructure Sherpa · Feb 4, 2026

Acquisition Storage closed United Kingdom Feb 4, 2026

USD211M

Deal Value

460 MW

Capacity

operating

Stage

Voltwise Power, a utility-scale battery storage project developer, has closed the syndication of a £153.9 million (~$211 million) acquisition financing to support the purchase of a 460 MW diversified battery energy storage system (BESS) portfolio in the UK from Smart Metering Systems. The portfolio comprises seven operational BESS projects with a combined capacity of 320 MW/350 MWh, four projects under construction totaling 140 MW/280 MWh, and a number of development projects expanding the company’s existing pipeline. The deal marks a significant investment in the UK's energy storage sector, highlighting the growing importance of battery storage in the country's transition to renewable energy. Other notable deals include Alight securing a £34 million (~$47 million) portfolio financing facility from SEB, and Econergy Renewable Energy reaching financial close on the 40 MW/120 MWh Dalmarnock BESS in Scotland.

Deal Analysis

The Voltwise Power deal marks a significant investment in the UK's energy storage sector, as the company closes a £153.9 million acquisition financing to purchase a 460 MW diversified battery energy storage system portfolio from Smart Metering Systems. This deal highlights the growing importance of battery storage in the country's transition to renewable energy. The acquisition financing will support the purchase of seven operational BESS projects, four projects under construction, and a number of development projects, expanding Voltwise Power's existing pipeline. The deal is notable for its size, with a total value of approximately $211 million, and the players involved, including Voltwise Power and Smart Metering Systems. The market implications of this deal are also significant, as it demonstrates the increasing demand for energy storage solutions in the UK. The energy storage sector in the UK is experiencing significant growth, driven by the country's transition to renewable energy and the need for reliable and efficient energy storage solutions.

The deal involves a £153.9 million acquisition financing to purchase a 460 MW diversified battery energy storage system portfolio
The portfolio comprises seven operational BESS projects, four projects under construction, and a number of development projects
The deal demonstrates the increasing demand for energy storage solutions in the UK
The players involved include Voltwise Power and Smart Metering Systems, both significant players in the UK's energy sector

Market Context: The energy storage sector in the UK is experiencing significant growth, driven by the country's transition to renewable energy and the need for reliable and efficient energy storage solutions.