UK’s Statera Energy bags €98.5M, plus €34.3M accordion facility, to initiate commercial operations of newest facility
Summary
London-based Statera Energy, a company that generates, transmissions, and/or distributes electric energy, announced on Monday, November 7, that it has raised £86M (approximately €98.58M), and £30M (approximately €34.39M) accordion facility, in a club funding from Santander UK and NatWest. Statera Energy says the funds will assist its portfolio of energy projects, including a new 50 MW battery storage plant. The new facility, Minety South Storage 2, has entered commercial operations. According to a statement, it will provide enough energy to power more than 13,000 homes.
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Santander UK, RBS Securities
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industries
Fintech & Banking
applications
Accounting and Taxes
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