Equinor completes final investment decision for first UK battery asset
Equinor has approved the final investment decision of its first battery energy storage asset in the UK.
Equinor has approved the final investment decision of its first battery energy storage asset in the UK.
Norwegian oil and gas giant Equinor has acquired a 45% stake in UK utility scale storage and stability services developer Noriker Power.
Gresham House – which manages funds including Gresham House Energy Storage Fund – has recorded a net core income of £40.8 million and an adjusted operating profit of £12.1 million.
Energy storage investment fund Gresham House has unveiled a new share placing, the proceeds of which will allow it to “grow materially” in the UK energy storage market.
Battery storage fund Gresham House has acquired a stake in frequent development partner Noriker Power in a bid to “further consolidate” its position in the UK battery market.