What is adaptogen Battery Storage fund?

Adaptogen Battery Storage fund is an energy infrastructure fund focused on developing, constructing and operating grid-scale and distributed storage assets.

Who backed adaptogen battery storage?

The company said the capital commitments secured for Adaptogen Battery Storage exceeded the fund’s £175m target. Adaptogen Battery Storage was backed by 50 investors consisting of institutions, family offices and high net-worth individuals, including significant financial backing from the founding directors of Adaptogen Capital.

Where will adaptogen invest in the next three years?

Adaptogen said it has developed a pipeline of projects for the fund’s investment over the next three years, including two initial assets located near Liverpool, UK, which have broken ground and will begin construction this summer.

Who supports adaptogen?

Adaptogen is supported by several strategic advisors with extensive experience across the energy storage and utility industries. Their insights into utility market design, project development & execution and technological advances in battery storage technologies provides an invaluable support to the Adaptogen board and its investors.

Will adaptogen capital build a home if grid supplies fall short?

In his first interview since leaving the commodities giant in 2019, billionaire Beard said his Adaptogen Capital investment fund planned to build storage with a capacity of at least 500 megawatts (MW) to power homes when grid supplies fall short. In his heyday at Glencore, Beard's team was trading as much as 7% of the world's oil.

Who is adaptogen capital?

Adaptogen actively engages with corporates and investors interested in the provision of flexible capital and insightful investment opportunities across the energy Transition. Adaptogen Capital offers insightful expertise to our investors and help them navigate the energy transition as sustainably and profitably as possible.