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

How Europe's 50 top sustainable companies are growing revenues faster than their peers

How Europe's 50 top sustainable companies are growing revenues faster than their peers

Corporate Knights delivers inaugural ranking of the 50 companies in Europe achieving the strongest performance against environmental, social, and governance indicators

Michael Holder
clock 10 June 2025 • 5 min read
Over 130 investment funds adopt UK sustainable disclosure labels

Over 130 investment funds adopt UK sustainable disclosure labels

Improved confidence in sustainable investment labels should lead to further uptake in the coming years, according to the FCA

Cristian Angeloni
clock 09 June 2025 • 3 min read
Earthshot Prize teams up with Builders Vision to help bridge $900bn ocean funding gap

Earthshot Prize teams up with Builders Vision to help bridge $900bn ocean funding gap

EXCLUSIVE: Prince William's climate and environmental solutions prize teams up with investors to ramp up support for ocean-focused innovations

Michael Holder
clock 06 June 2025 • 4 min read