Shetland BESS

68MW Shetland Standby BESS Project - Financing

Borrower(s)
Shetland BESS
Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
United Kingdom

Deal Overview

A £60 million in non-recourse project finance debt to fund the development of the 68MW Shetland Standby battery energy storage project in Lerwick. Scheduled to go live in 2026, the project will feature advanced technology, including grid-forming inverters and an AC chopper to help absorb...

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Deal Volume
$80.06m
Financial Close
30/07/2025
Dealmakers
Sources

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Project Deals

68MW Shetland Standby Project
$80.06m
Greenfield
Battery storage
Europe
Europe
United Kingdom