Minety battery storage facility opens
Power for more than 13,000 homes
Statera Energy’s newest battery storage facility, Minety South Storage 2, has entered commercial operations, providing enough energy to power more than 13,000 homes.
Santander UK and NatWest took a project financing approach to provide £86m plus a £30m accordion facility through club funding to support the new 50MW battery storage facility as well as several other energy projects in Statera Energy’s portfolio.
Minety South Storage 2 sits beside another Statera Energy battery storage facility, which entered commercial operation earlier this year, and the two facilities have a collective capacity of 100MW.
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