Highview Power raises £300m to develop Manchester long duration energy storage facility

clock • 3 min read
Artist impression of the LAES storage facility | Credit: Highview Power
Image:

Artist impression of the LAES storage facility | Credit: Highview Power

Firm secures funding from UK Infrastructure Bank, Centrica and other investors to develop 'UK's first' commercial scale liquid air energy storage facility

Energy storage specialist Highview Power has secured £300m to fund the construction of the UK's first commercial-scale liquid air energy storage (LAES) plant in Manchester, it announced today. The funding...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Government announces £22m boost to Port Talbot Transition funding

Government announces £22m boost to Port Talbot Transition funding

Additional funding takes total available to support skills programmes and local investment initiatives to over £140m

James Murray
clock 18 December 2025 • 4 min read
Royal Academy of Engineering awards £39m to scale up climate innovations

Royal Academy of Engineering awards £39m to scale up climate innovations

Inaugural cohort of 13 engineers to receive £3m each to develop range of innovative climate solutions

Stuart Stone
clock 18 December 2025 • 3 min read
Grangemouth: £150m funding package to boost energy efficiency, cut carbon, and protect 500 jobs

Grangemouth: £150m funding package to boost energy efficiency, cut carbon, and protect 500 jobs

Government pledges joint investment with INEOS, as plans to transform former oil refinery site into ‘low carbon manufacturing hub’ accelerate

Stuart Stone
clock 17 December 2025 • 4 min read