Announcement
27 Aug 2025
In August 2025, the UK National Wealth Fund joined Equitix and Aware Super in a GBP 500 million investment to establish Eelpower Energy, a new platform to build, own, and operate grid-scale battery storage assets across the UK.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
27 Aug 2025
Revocation date:
No revocation date
Announced: 27 Aug 2025
Equity stake
In force
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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