Fidra Energy reaches financial close on the UK’s largest battery energy storage project, backed by EIG and the National Wealth Fund

Fidra Energy reaches financial close on the UK’s largest battery energy storage project, backed by EIG and the National Wealth Fund

Fidra Energy, a European battery energy storage system (BESS) platform headquartered in Edinburgh, UK, today announced it has secured up to £445 million of new equity investment from EIG and the National Wealth Fund (the NWF) as it reaches financial close on the UK’s largest Battery Energy Storage System (BESS) project at its Thorpe Marsh site in Doncaster, South Yorkshire. Construction of Thorpe Marsh is set to begin immediately and, in additio…