Eelpower

Investor: National Wealth Fund

The National Wealth Fund has pledged up to £200 million to co‑invest with Aware Super and Equitix in Eelpower, accelerating the UK’s battery storage rollout to meet the 27GW target by 2030.Summary of transaction details:Value: £200 millionSector: Industrials & EnergyAdvisor: N/AKey Entities: National Wealth Fund, Aware Super, Equitix, EelpowerLocation: United KingdomNote: The funding fills a short‑term equity gap in the battery storage market, supporting grid stability and the UK’s clean‑energy ambitions.