Energy Storage News•15 days ago
Revera Energy secures US$150 million to support 3.4GWh of battery storage across Australia and the UK
Key Takeaway
This US$150 million financing accelerates a substantial pipeline of battery storage, solar, and green hydrogen projects in Australia and the UK, signaling robust growth in clean energy infrastructure and increased opportunities for developers and stable power for large consumers.
AI Summary
- •Revera Energy secured a US$150 million credit facility to accelerate its 3.4GWh battery storage, solar, and green hydrogen project pipeline.
- •Projects are focused across Australia and the UK, indicating significant investment and growth in these key markets for renewable energy and storage.
- •This financing provides a clear signal of accelerated development, creating opportunities for developers, EPCs, and technology providers in the battery storage and solar sectors.
- •For large power consumers, this expansion promises increased access to reliable, cleaner energy sources and enhanced grid stability in the target regions.
Topics
emissionsfinancingsolarstorage
Article Content
Energy infrastructure platform Revera Energy has completed an expanded US$150 million credit facility to accelerate development and construction of its battery storage, solar, and green hydrogen project pipeline across Australia and the UK.