Statera Energy take powerful steps towards low carbon future
Statera
Founded in 2015, Statera Energy is a new generation energy company focusing on a scale suitable for use by utility companies. battery energy storage. They build, own and operate a flexible energy infrastructure that balances a renewables-led electricity system. It helps manage fluctuations in the supply and demand of renewable energy to the UK’s electricity grid.
Santander have worked closely with Statera Energy since 2021, supporting with their energy assets portfolio. Statera had ambitious plans to develop a new 50mw battery storage facility in Malmesbury which has the potential to power more than 13,000 homes.
We’re delighted that Santander is supporting Statera’s continued growth. The projects envisaged under this facility will provide a meaningful contribution to the stability and security of the UK’s power system of the future and help us with our contribution to the UK Governments target of a net zero power system by 2035.
Managing Director, Stratera Energy
Santander were able to support with its funding, which contributed to Statera being able to add this new facility to their existing assets portfolio.
Santander are pleased to continue supporting Statera with their continued growth. Financing essential energy assets will allow Statera to continue to contribute to the transition to a low carbon future.
We’re thrilled to support Statera, financing essential energy assets that will enable the UK’s transition to a low carbon future. Statera Energy aligns to two core Santander pillars by being a high growth company and enabling the transition to net zero, allowing for increased penetration of intermittent renewables. We’re delighted to have worked closely together cementing our relationship.
Director, Specialised and Project Finance, Santander
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