Fidra Energy Acquires 1,025 MW Enderby BESS Project in Leicestershire from Innova
Fidra Energy, backed by EIG and the National Wealth Fund, has acquired the 1,025 MW Enderby battery storage project in Blaby District, Leicestershire from Innova. The project holds planning consent and is eligible for the UK's first long-duration energy storage cap and floor scheme. FID is expected in 2027 with operations targeted for 2029, making it one of the UK's largest BESS projects.
Transaction date: · Source: fidraenergy.com
Key facts
- Transaction date
- Technology
- Battery Storage (BESS)
- Capacity
- 1,025 MW
- Transaction price
- Not disclosed
- Buyer
- Fidra Energy
- Seller
- Innova
- Country
- United Kingdom
- Region
- Leicestershire
- Location
- Enderby, Blaby District, Leicestershire, England
- Continent
- Europe
- Development status
- Under Development
- PPA
- n.a.
Technology details
Up to 1,025 MW battery energy storage system. Planning consent granted by Blaby District Council in May 2025. Project confirmed as eligible for the UK's first long-duration energy storage cap and floor scheme; regulator decision expected summer 2026. Final investment decision expected in 2027. Commercial operations targeted for 2029. One of the largest BESS projects in the UK.
Additional information
This is Innova's third utility-scale transmission-connected battery storage project sold in the last 12 months, which together will amount to over 2.4 GW of new capacity. The acquisition brings Fidra Energy's total UK BESS pipeline to over 4 GW. Fidra Energy is backed by EIG ($25.9 billion AUM) and the National Wealth Fund (£27.8 billion to deploy).
Source
Original announcement: https://fidraenergy.com/fidra-energy-accelerates-uk-growth-with-acquisition-of-1gw-enderby-battery-storage-project-from-innova/