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Value £200
Summary
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 million
- Sector: Industrials & Energy
- Advisor: N/A
- Key Entities: National Wealth Fund, Aware Super, Equitix, Eelpower
- Location: United Kingdom
Note: The funding fills a short‑term equity gap in the battery storage market, supporting grid stability and the UK’s clean‑energy ambitions.
Lead Investor / Acquirer
National Wealth Fund
Advising Broker
Undisclosed Firm
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Original Source
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