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Founded by former Bulb Energy co-founder Amit Gudka, battery energy storage systems developer and operator Field has raised £200 million via Dutch mid-market infrastructure fund manager DIF Capital Partners.

Although Bulb Energy ultimately went into administration and was later acquired by Octopus, Field founder Amit Gudka left the company nine months prior to its demise. Two years since going solo, he’s managed to once again establish himself and the team as a serious player in the energy domain. 

“We will not be able to meet net-zero targets without significant investment in new energy infrastructure. Battery storage is a critical part of that infrastructure. The more we can build, the more effective mass usage of wind and solar power will become,” commented Gudka.

“Our partnership with DIF Capital Partners will enable Field to accelerate the buildout of battery storage in the UK and across Europe. And it will help us build, develop and operate the storage we need to create a more reliable, flexible and greener grid.”

In a press release by DIF Capital Partners earlier this week the fund announced:  

“We’re pleased to announce a £200m investment into Field, a London-headquartered dedicated developer and operator of battery energy storage systems.”

According to insiders, the investment will allow Field to accelerate the development and buildout of its 4.5 GWh pipeline of grid-scale battery energy storage projects in the UK and Western Europe as it seeks to contribute to the renewable energy infrastructure needed to reach Net Zero.

Field’s battery energy storage systems allow energy generated during times of lower demand to be stored and released to the grid during times of higher demand.

Field is already operating its first site in the UK, a 20 MWh battery project in Oldham, Greater Manchester. It has another four sites totalling 210 MWh in or near construction in the UK: Newport in South Wales, Blackburn in Lancashire, Gerrards Cross in Buckinghamshire and Auchteraw in the Scottish Highlands.

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