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LB

Lloyds Bank

Corporate

Portfolio

2

companies

By category

  • Uncategorised£300M
  • IT Services£10.0M

By location

  • London£300M
  • Cardiff£10.0M

Portfolio companies

FlyForm

FlyForm

FlyForm delivers consultancy and managed services as an Elite ServiceNow partner.

SE

Statera Energy

Statera Energy develops and operates flexible energy storage and generation assets for the UK power network.


Team

CR

Christopher Ryan

Relationship Manager

JT

James Taylor

Managing Director, Head of Infrastructure and Project Finance

James brings data engineering and architecture experience from roles at Comic Relief, Queen Mary University of London, and Lloyds Bank, where he serves as Managing Director and Head of Infrastructure and Project Finance.


Recent investments

Debt
£300M

Lloyds Bank led the debt syndicate to back the development of large scale battery storage and flexible generation infrastructure.

"Lloyds’ commitment to Statera, through one of the largest battery storage debt financing deals in the UK to date, is testament to the quality of our projects. Our Thurrock BESS project is strategically located near to Greater London providing further energy system resilience to this key demand centre. We are delighted to have worked with Lloyds, the syndicate of lenders, and Statkraft in achieving this significant milestone."
— Tom Vernon, CEO and Founder
Growth
£10.0M

The investment, advised by Izy Capital, will support the ServiceNow partner in scaling toward its long-term revenue targets.

"We are beyond grateful to Lloyds Bank and the Izy Capital team for their help in achieving this massive opportunity. I look forward to working with my co-founder Arron and our growing team toward our vision of building Wales’ first global technology consultancy with £1bn in annual revenue. This injection of capital will help us accelerate even faster into the next level, as well as being a huge vote of confidence in our vision to continue supporting the local economy with hundreds of jobs in the near future."
— Phil Davies, CEO and Co-founder