EQT Infrastructure to acquire Statera, a leading battery storage and flexible generation platform supporting the UK's renewable energy transition

EQT Sweden

EQT Infrastructure has agreed to acquire Statera, a UK-based battery storage and flexible generation infrastructure developer and operator with 1GW of flexible generation in operation and under construction, enough to power around 750,000 homesDemand for stability services and dispatchable generation from batteries is expected to grow at speed as a result of rapid deployment of intermittent renewable generation and the gradual decommissioning of thermal capacityEQT Infrastructure is committed to further investing in Statera's ongoing development of battery storage and other flexible energy projects, which is expected to play an integral part in helping the UK reach its Net Zero targetsView original content:https://www.prnewswire.co.uk/news-releases/eqt-infrastructure-to-acquire-statera-a-leading-battery-storage-and-flexible-generation-platform-supporting-the-uks-renewable-energy-transition-301978334.html