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It will receive a 10% stake in the Newcastle upon Tyne-headquartered company, whose technology enables EV batteries to have a second-life deployed in commercial scale stationary energy storage systems
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The financial services company bought a stake in Kensa Group in April 2020
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The project could become one of the largest renewable hubs in the world
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It is buying additional equity in the firm via an issue of new shares, taking its interest from 43% to 50%
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Orb Energy provides small and medium sized companies with financing to invest in solar power projects
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The European Bank for Reconstruction and Development is buying a 2.8% interest in Voltalia
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It is establishing an innovation partnership with AutoGrid, focused on driving new AI and machine learning solutions for distributed energy resources
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The Norwegian energy giant’s partners on the project are Suncor Energy and Siccar Point Energy
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