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United Kingdom: National Wealth Fund provides funding for a battery storage consortium

Description

On 27 August 2025, the UK government’s National Wealth Fund (NWF) announced an equity support of up to GBP 200 million (USD 269.4 million) in Eelpower Energy, a new UK battery storage platform. Eelpow...

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Intervention Details

Intervention Type

Equity stake

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Aug 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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