Statera Energy Secures £300 Million Debt Financing for UK Energy Storage

Statera Energy, a UK-based company specializing in energy storage and flexible generation, has raised £300 million in debt financing from a syndicate led by Lloyds Bank

The funding will be used to develop its 300MW (600MWh) Thurrock Battery Energy Storage System (BESS) and a 270MW flexible generation plant

This marks a significant step in the company's growth, with a project pipeline of over 16GW expected to be operational by 2030.