Pan-European Battery Storage
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Aukera closed the Aukera Battery Storage Financing, a €460 million structured credit facility led by EIG, to advance its renewable energy and battery storage portfolio across five European markets. The amended facility converted a previous €250 million accordion feature into a firmly committed €260 million Series 2 tranche, building on an initial €200 million commitment.
The pan-European platform currently has nearly 1 GW of projects under construction or in operation across Belgium, the United Kingdom, Germany, Romania and Italy, alongside a 14 GW development pipeline. Aukera's co-founders noted that Europe needs to roughly quadruple its battery storage capacity to meet the EU's 200 GW target by 2030.
Aukera's expanded financing signals that large structured credit facilities are becoming essential tools for platforms scaling battery storage across multiple markets.
