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SB

Siemens Bank

Corporate

Portfolio

1

companies

By category

  • Uncategorised£300M

By location

  • London£300M

Portfolio companies

SE

Statera Energy

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

Recent investments

Debt
£300M

Statera Energy raises £300m in debt financing to expand UK energy storage capacity

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
SE
Statera Energy— London, UK
LB
NatWest
S
Lloyds Bank + 4 others