Projects
Through greenfield origination and development partnerships, we have grown a pipeline of about 7GW across the UK, Australia, Italy, Germany and Sweden, with over 500MWh of energy storage projects in operation and over 1GWh currently in construction.
United Kingdom
Our portfolio is uniquely focused on large capacity (>100MW) and long duration sites (2-5hrs) in the Midlands and South of England. This strategy ensures we have sites that are close to load, offer economies of scale and remain future proof in a market that is moving away from grid support and towards wholesale energy arbitrage.

Project status: Operating
Project size: 100 MW / 331MWh

Project status: Ready-to-Build
Project size: 400 MW / 1GWh
Expected COD: 2026

Project status: Ready-to-Build
Project size: 200 MW / 500MWh
Expected COD: 2026

Project status: In planning
Project size: 170MW/425MWh
Expected COD: 2029

Project status: In planning
Project size: 100MW/250MWh
Expected COD: 2028

Project status: In planning
Project size: 50 MW / 125MWh
Expected COD: 2026

Project status: In planning
Project size: 200MW/500MWh
Expected COD: 2027

Project status: In planning
Project size: 250MW/625MWh
Expected COD: 2031
Nordics
Since October 2024, 211MW of BESS projects have been deployed (SE3/SE4 price zones), ranging in capacity between 5MW and 20MW. The batteries are generally of a one-hour duration, as they are targeting the grid support market.

Project status: Under construction
Project size: 100 MW
Expected COD: Q3 2024
Australia
In 2023 we established Valent Energy, an investment platform with over 1.6GW of utility-scale battery projects, including three in Victoria and New South Wales that are fully approved and ready-to-build. Valent is a partnership with Gaw Capital Partners, a private equity firm with sizeable investments in real estate, renewables and digital infrastructure.
We are also developing large-scale BESS projects in New South Wales, totalling over 1GW. Among them, the Bannaby BESS and Muswellbrook Pro BESS, both strategically located near Sydney’s 500KV transmission lines and key Renewable Energy Zones, are progressing well in the development and grid connection stages since 2024. The Bannaby site is currently the subject of public consultation and further details can be found on the Bannaby project page.

Project status: In planning
Project size: 750MW/3GWh
Expected COD: H1 2028

Project status: In planning
Project size: 400MW/2GWh
Expected COD: H1 2028
Italy
Our portfolio is focused on large capacity (>100 MW) and longer duration projects (4-8 hours) located in the North and South power market zones.