Construction of the 680MW/1,360MWh Carrington project at Trafford Low Carbon Energy Park in Greater Manchester began in autumn 2025, with commissioning expected in late 2026.
According to the company, the project builds on its 1 GW strategic partnership with Statkraft, which will provide route-to-market (RTM) services, and will be delivered with Envision Energy supplying the battery energy storage system (BESS) units.
Tom Vernon, CEO of Statera Energy, said: “Achieving Carrington Storage’s financial close is a significant milestone for Statera.”
“It brings us closer to our target of more than 5GW of BESS capacity operational by 2030, strengthening network flexibility and supporting the UK’s clean energy transition. We are grateful to our banking partners for their support and look forward to building on this milestone as we deliver our upcoming projects.”
Siemens, Siemens Energy, AECOM, Hitachi Energy and local partners ACS Construction Group and Roger Bullivant Limited will support the delivery. The factory is expected to create more than 200 jobs locally.
Lloyds acted as the sole structuring bank, with NatWest, Santander, Siemens Bank, SEB and Mizuho as mandated lead arrangers, providing a term loan, VAT and liquidity facilities. Statkraft will provide market access and a revenue guarantee for the project.
Once operational, Carrington Storage will further expand Statera’s flexible generation and storage portfolio. Founded in 2015, the company has 2.1 GW of BESS operational or under construction – including the 300 MW Thurrock Storage – and plans to add more than 1 GW within 12 months. With a 16 GW pipeline, Statera aims to invest up to £7 billion by 2030 to increase UK energy security and drive the transition to a low-carbon economy.
