KIRKBI A/S’ Post

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KIRKBI joins syndicate investing GBP 300 m in building one of the world’s largest storage facilities for renewable energy. With our ambition to invest in solutions contributing to a more sustainable future, we are happy to join a GBP 300 m investment in Highview Power – working to accelerate the long-term replacement of fossil-fuel plants. The investment enables Highview Power to begin construction of one of the world’s largest long duration energy storage facilities – and the UK's first commercial-scale facility using the promising liquid air technology which can store renewable energy for up to several weeks. Providing the grid stability needed to speed up the transition to sustainable energy sources. The investment round was led by UK Infrastructure Bank (UKIB) and British multinational energy and services company Centrica, alongside a syndicate of investors including Rio Tinto, Goldman Sachs, and Mosaic Capital. Congratulations to the KIRKBI Energy Transition team on another meaningful investment! To learn more: https://lnkd.in/eTW_sYXs

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Jesper Gade

Managing Director at DI India | Helping Danish business enter the Indian market and establish their business here

1mo

Great to see KIRKBI A/S entering the renewable storage space

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