Pulse Clean Energy, a UK-based developer of flexible energy infrastructure, has secured £220 million (approx. €252.5 million) in green debt financing to construct six new battery energy storage system (BESS) sites across England and Wales.
The funding round was coordinated under the Green Loan Principles of the Loan Market Association, with Santander Corporate & Investment Banking acting as Green Loan Coordinator.
Global banks back Pulse’s grid-scale energy storage rollout
The financing was provided by a consortium of six international banks, including:
- Santander
- NatWest
- ABN AMRO
- NORD/LB
- Investec
- CIBC
The capital will go toward ready-to-build BESS sites, which are critical for supporting the UK’s transition to renewables and balancing the national grid as more intermittent energy sources like wind and solar come online..
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From gas peaker plants to grid-balancing clean tech
Pulse Clean Energy, formerly known for repurposing fossil fuel assets, is now focused exclusively on clean energy storage infrastructure. The company has shifted its entire portfolio toward battery storage and flexibility services, helping reduce reliance on peaker plants and fossil backup.
“Our mission is to deliver secure, renewable infrastructure at the scale and speed the energy transition demands,” said Trevor Wills, CEO of Pulse Clean Energy.
Momentum across the UK’s energy transition
The UK is targeting 50GW of battery storage capacity by 2050, and companies like Pulse are playing a key role in accelerating this buildout. BESS facilities not only help balance electricity supply and demand but also offer grid stability, frequency response, and capacity market participation.
This latest financing marks a major step forward for Pulse’s expansion roadmap and underlines increasing investor appetite for green infrastructure debt in Europe.
