TL;DR
Get backup power and energy gear delivered free with Prime
- Fast, free delivery on millions of items
- Prime Video, Amazon Music and more included
- Member-only deals all year
Econergy has acquired full ownership of four operational battery storage projects in England with a combined capacity of 106 MW and 106 MWh. The purchase lifts its operational UK battery capacity to 196 MW; the company is evaluating upgrades that could increase the new sites’ duration from one hour to three.
Econergy has acquired 100% of the shares in a holding company that owns four operational battery storage projects in England, adding 106 MW of capacity to its UK portfolio. The purchase raises the independent power producer’s operating UK battery capacity from 90 MW to 196 MW, while the company considers expanding the new sites’ storage duration.
The four standalone battery energy storage system projects are already operational and have a combined 106 MW of power capacity and 106 MWh of storage, reflecting their current one-hour duration. Econergy disclosed the purchase in a filing to the Tel Aviv Stock Exchange. The company said the deal gives it full ownership and control of the portfolio through the acquired holding company.
Econergy said the assets are expected to generate about £4.7 million in EBITDA in 2027, before planned augmentation works. EBITDA is a measure of operating earnings before interest, taxes, depreciation and amortization; the figure is a company projection, not a reported result.
The company is evaluating whether to extend the systems to three-hour duration. If that plan proceeds, the portfolio would have about 318 MWh of storage, compared with 106 MWh now. Econergy has not announced that the work is approved or scheduled. It said longer duration could allow the batteries to store more electricity and dispatch it over a longer period.
Econergy Doubles Its Operating Capacity
The acquisition expands Econergy’s operating UK battery portfolio from two grid-connected assets to six, and increases its capacity by more than 100 MW. That gives the company a larger base of operating infrastructure as it pursues a wider UK storage pipeline. The deal concerns assets already in operation, rather than projects that still need to be built and connected.
Duration matters alongside power capacity: the 106 MW rating describes how much electricity the facilities can discharge at a given time, while the current 106 MWh energy capacity represents roughly one hour of output at that rating. A three-hour configuration could provide more time to shift electricity toward periods of stronger demand, as Econergy says, but it would require augmentation. The company has not detailed the cost, timing or commercial arrangements for that work.
The purchase also adds operating capacity to a company with a stated 1.6 GW UK energy storage development pipeline. Pipeline capacity is not the same as operating capacity; the source does not give a timetable or completion status for that entire pipeline.
Products Worth Considering
Samsung Galaxy Tab A11+ 11-Inch Tablet, 6GB RAM, 128GB Storage, Expandable, Gray
Samsung Galaxy Tab S10 Lite – 6 GB RAM, 128 GB storage, up to 2 TB microSD, 10.9‑inch LCD, Gray
Logitech MX Mechanical Wireless Illuminated Keyboard, Clicky
As an affiliate, we earn on qualifying purchases.
Econergy’s Existing UK Storage Assets
Before this transaction, Econergy’s operational UK battery portfolio consisted of two assets. The 50 MW / 100 MWh Swangate BESS in West Melton, Yorkshire, entered operation in 2024. The company’s 40 MW / 120 MWh Dalmarnock project in Glasgow connected to the grid in October 2026.
The new acquisition brings the reported operational asset count to six and combined power capacity to 196 MW. Separately, Econergy’s stated European battery storage portfolio totals 5.9 GW, of which 3.3 GW is expected to be connected to the grid, under construction or in pre-construction by 2028, according to the source report. Those figures cover a wider portfolio and are not measures of capacity currently operating in the UK.
“We’re pleased to be purchasing these four projects, which represent a business opportunity with clear upside.”
— Eyal Podhorzer, Econergy chief executive and director
Seller and Upgrade Plans Remain Undisclosed
Econergy did not identify the seller in the information reported, and the source said transfer filings had not yet appeared at Companies House. The purchase price and other financial terms were not disclosed in the material provided. It is not clear when the transaction will formally appear in public company records.
The proposed move from one-hour to three-hour duration is under evaluation, not a confirmed construction plan. Econergy has not disclosed a decision date, an investment budget, a schedule for the work or how the upgrade would be funded. The company’s projected £4.7 million of 2027 EBITDA is expressly before planned augmentation and should not be read as an estimate of earnings after the upgrade.
Watch for Filings and Augmentation Decisions
Further public details may emerge when company records reflect the ownership transfer or Econergy provides more information about the agreement. The available report does not specify a date for either development.
The next material update on the sites’ longer-term capacity would be an Econergy decision on whether to proceed with augmentation, accompanied by details on investment and timing. Until then, the confirmed development is the acquisition of four operating assets and the resulting increase in the company’s UK operational capacity to 196 MW.
Key Questions
What did Econergy acquire?
Econergy acquired 100% of the shares in a holding company that owns four operational battery storage projects in England. The source material does not name the seller.
How much storage capacity do the four sites have now?
The sites total 106 MW of power capacity and 106 MWh of storage, giving them a current duration of about one hour.
Will the sites be upgraded to three-hour storage?
Econergy is evaluating an upgrade, which could bring the portfolio to about 318 MWh. The company has not confirmed that the work will go ahead or given a timetable.
What will Econergy’s UK operational capacity be after the deal?
The acquisition raises Econergy’s reported operational UK battery capacity from 90 MW to 196 MW, across six grid-connected assets instead of two.
How much is the portfolio expected to earn?
Econergy said the four projects are expected to generate around £4.7 million in EBITDA in 2027, before planned augmentation. This is a company projection, not a reported or guaranteed result.
Source: ess-news.com
