Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Zenobe Energy Secures £150Mn for Expansion (Int'l, Funding)
Zenobe Energy
Date: 2021-06-23
In the UK, London-headquartered independent battery energy storage services specialist Zenobe Energy Ltd. reports it has secured a £150 million ($209.5 million) investment from Infracapital, the infrastructure equity investment arm of M&G Plc, to support the growth of the company's grid-scale battery services and electric vehicle and charging infrastructure.

Combined with debt facilities, the company estimates it will be able to deploy around £450 million to further accelerate the utilisation of batteries to support renewable power generation in the UK and overseas, as well as support customers with at least 500MWhr of additional grid connected batteries.

Zenobe has 170MW of grid scale batteries in operation, contracted or under construction and owns proprietary software. (Source: Zenobe Energy Ltd., Website, PR, June, 2021) Contact: Infracapital, www.infracapital.co.uk; Zenobe Energy Ltd., Nicholas Beatty, Founder Director, +44 (0) 20 3912 7853, contact@zenobe.com, www.Zenobe.com

More Low-Carbon Energy News Zenobe Energy,  Battery,  Energy Storage,  


Zenobe Energy Scores £25Mn from Japanese Power Majors (Int'l)
Zenobe Energy,Tokyo Electric Power
Date: 2019-02-22
UK battery storage firm Zenobe Energy reports it has secured a £25 million ($32.6Mn US) investment from Japanese power giants Jera and Tokyo Electric Power Company (Tepco). The new funds, which are earmarked for expansion purposes, are in addition to £45.5 million of equity already invested into Zenobe over the course of the last 18 months and a further £30 million of senior debt facilities provided by Santander and Generation IM.

Zenobe, which has around 73MW of operational storage assets, is developing various new service offerings, which the company said would counter controversial charging reforms proposed by Ofgem, and is also providing flexible power solutions for electric bus depots, with an eye on expanding this offering to commercial EV operators. (Source: Zenobe Energy, current+-, Feb., 2019)Contact: Zenobe Energy, Nicholas Beatty, co-founder, +44 (0) 203 912, 7853contact@zenobe.co.uk, www.zenobe.co.uk; Tokyo Electric Power, www7.tepco.co.jp

More Low-Carbon Energy News Zenobe Energy,  Energy Storage,  


JERA Investing in UK Battery Energy Storage Specialist (Int'l)
Zenobe Energy,JERA Co.
Date: 2019-02-20
In the Land of the Rising Sun, Tokyo-based JERA Co, a fuel trading JV between Tokyo Electric Power and Chubu Electric Power, reports it is partnering with TEPCO Power Grid and will invest £25 million ($32 million) in London, UK-headquartered battery storage specialist Zenobe Energy.

Zenobe Energy supplies, finances, owns and operates battery storage assets and is one of the largest owners and operators of battery storage in Britain, with a capacity of approximately 73 MW, according to JERA. (Source: JERA Co. Website, 19 Feb., 2019) Contact: JERA Co., www.jera.co.jp/english; Zenobe Energy, contact@zenobe.co.uk, +44 (0) 2039127853, www.zenobe.co.uk

More Low-Carbon Energy News Battery,  Energy Storage,  

Showing 1 to 3 of 3.