DIF Capital Partners supports London-based Fields mission to contribute to net zero with €233M investment
Summary
London-based Field, a developer, and operator of battery energy storage systems, announced on Tuesday, July 25, that it has raised £200M (approximately €233M) in funding from DIF Capital Partners through its DIF Infrastructure VII fund. Field says it will use the funds to accelerate the development and buildout of its 4.5 GWh pipeline of grid-scale battery energy storage projects in the UK and Western Europe as it seeks to contribute to the renewable energy infrastructure needed to reach Net Zero. Founded by Amit Gudka, Field develops, builds, and operates the renewable infrastructure to reach net zero, starting with battery storage. The company’s battery energy storage systems allow energy generated during times of lower demand to be stored and released to the grid during times of higher demand.