Nature Infrastructure Capital (NIC), a private equity firm, has announced a strategic investment in Anesco, a UK-based renewable energy company specializing in utility-scale solar and battery energy storage systems (BESS).
NIC targets investments that advance the global energy transition, while Anesco operates across the entire development pipeline for renewable energy assets. To date, Anesco has delivered 1.3 GW of solar and BESS projects in the UK, including the country’s first subsidy-free solar farm and the first utility-scale BESS system connection.
Anesco manages a portfolio exceeding 1.3 GW of assets for its investors. Ara Partners, another private equity firm focused on renewable energy and decarbonisation, will co-invest with NIC, having previously invested in Anesco.
The partnership aims to fund the development and construction of Anesco’s pipeline of over 7 GW of solar and BESS projects. This initiative will focus on the UK and expand into markets such as Belgium and the Netherlands, where Anesco is growing its presence.
The investment will also strengthen NIC’s portfolio in the European energy transition. Recent NIC investments include German solar and BESS developer MaxSolar, German utility-scale BESS developer ECO STOR, and renewables platform Canopy Infrastructure.
“Anesco has built an impressive track record over more than a decade as one of the UK’s pioneers in solar and battery storage,” said Jérôme Turcotte Routhier, managing partner of the NIC Group. “Together with Ara and the Anesco team, we look forward to deploying the capital needed to bring the company’s pipeline into construction and operation, in the UK and beyond.”
This investment further supports the UK’s growing renewables market and its 2030 decarbonisation goals. To achieve the Clean Power 2030 targets, the UK will require 45 GW of solar and 23 GW of BESS capacity by 2030.
To facilitate this, the National Energy System Operator (NESO) has issued Gate 2 connection offers for projects expected to connect by 2030, with several of Anesco’s UK pipeline projects securing offers.
Hildagarde McCarville, CEO of Anesco, stated, “NIC’s investment, alongside the continued commitment of our existing shareholder Ara, provides a powerful platform from which to accelerate the delivery of our project pipeline.”
“This partnership enables us to realise our ambitions at greater scale and pace as we continue to develop and safely deliver renewable energy projects that support the energy transition across our core markets.”
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