£250m battery storage project at former coal power station secures funding green light
A £250m battery energy storage project at the former West Burton coal-fired power station has reached financial close, paving the way for construction to begin later this year.
Fidra Energy has secured £231m of debt facilities from a club of international lenders for its 500MW/1.1GWh West Burton C battery energy storage system (BESS), alongside capital already committed by investors EIG and the National Wealth Fund.
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