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NextEnergy Capital extends joint venture with Eelpower adds to an 'exciting pipeline'

NextEnergy Capital extends joint venture with Eelpower adds to an 'exciting pipeline'

NextEnergy Capital managing director Ross Grier joined Proactive to talk about a £200mln extension to a battery storage joint venture.

The partnership is between the NextEnergy Solar Fund (NextEnergy Solar Fund Ltd (LSE:NESF)) and a company called Eelpower Ltd. The two are already collaborators on a smaller JV.

They have found a first asset - a 50MW battery in Scotland that's under construction - and have an exciting additional pipeline of opportunities.