Renewable Power Capital is a pan-European investment platform, founded in 2020 and headquartered in London, with backing from CPP Investments.
The company focuses on developing, constructing, and owning solar, onshore wind, and battery storage projects, helping to accelerate Europe’s energy transition while delivering stable, long-term returns.
Since its launch, Renewable Power Capital has raised significant capital across multiple stages. In 2022, it secured £68.4m at seed stage for a 56% stake, followed by £87.8m at venture stage in 2023 for a 38% stake.
Most recently, in September 2024, it raised £23.4m at growth stage for a 10% stake.
Venterra Group aims to accelerate the global energy transition through offshore wind power.
Founded to address the fragmented wind services market, the company is acquiring and integrating specialist firms, adding management expertise and capital to help them scale.
Since its inception, Venterra has raised substantial investment to fuel its growth and fund its acquisitions. This includes £37.4m at seed stage in 2021, £51.5m at venture stage in 2022, and £100m at growth stage in 2023 with backing from First Reserve, BeyondNetZero and other investors.
Most recently, in October 2024, it secured a further £29.8m at growth stage. Venterra has used this funding for six acquisitions, strengthening Venterra’s expertise across engineering, construction support and consultancy services.
Tokamak Energy is pioneering the development of commercial fusion power — aiming to make clean, secure and affordable energy a reality by the 2030s.
Founded in 2009 as a spin-off from the UK Atomic Energy Authority, the Oxfordshire-based company has over a decade of experience in spherical tokamak technology and high-temperature superconducting (HTS) magnets.
Tokamak Energy has secured 11 equity fundraisings and 13 grants to date. Major backers include British Patient Capital (Future Fund: Breakthrough), Legal & General Capital, BW Group and Furukawa Electric.
Its most recent round in December 2023 raised £94.9m at growth stage for a 33% stake, following earlier raises of £67.1m in 2020 and £19.2m in 2018. In addition, the company continues to attract government support, with recent grants from Innovate UK and the US Department of Energy, underscoring its global significance in the race for fusion energy.
Field develops battery energy storage systems (BESS). By storing renewable power and releasing it back to the grid when demand peaks, Field is helping create a greener, more flexible and more reliable energy system.
In 2021, Field secured £5.7m at seed stage from Giant Ventures and business angels, followed by £32.4m at venture stage in 2022 with support from LocalGlobe and Plural.
A £200m venture round in 2023, led by DIF Infrastructure, enabled the business to scale rapidly, and in 2025 it announced a £42m loan facility from ING Bank and Rabobank to further expand its battery portfolio.
Fidra Energy develops and operates large-scale energy storage projects, supporting the transition to clean and renewable power.
In September 2025, the Edinburgh-based company raised £445m in equity investment from EIG Partners and the UK’s National Wealth Fund, marking its first fundraising round. This raise will support its Thorpe Marsh Battery Energy Storage System project in Doncaster and other projects including a site in Nottinghamshire
OVO Group is one of the UK’s largest energy companies, powering homes and businesses with a focus on clean, affordable energy.
Founded in 2009, OVO has attracted strong investor support over the years. Most recently, in July 2023, OVO secured another £200m from Mayfair Equity Partners and Morgan Stanley Investment Management to fuel further growth.
Alongside investment, OVO has been an active acquirer in the sector. Notably, it acquired SSE’s retail arm for £500m in 2020, significantly expanding its customer base, as well as CORGI HomePlan, VCharge and, most recently, EV charging app Bonnet in 2023.
The company has also received support through seven grants, including funding from Innovate UK and the Sky Zero Footprint Fund, to advance low-carbon heating, energy flexibility and innovation projects.
ITM Power is a global leader in hydrogen energy solutions, specialising in the manufacture of integrated hydrogen energy systems for clean fuel production and storage.
Founded in 2001 and floated on AIM in 2004, the first UK-based fuel cell company to go public, ITM Power has grown into a key player in the energy transition. The company is headquartered in Sheffield, with additional offices in Germany, France, the USA and Canada.
In 2019, the company raised £61.1m at growth stage in a round led by Linde, followed by £172m in 2020 with backing from Snam and other investors. Its largest raise to date came in 2021, when ITM secured £250m, supported by BofA Securities and Investec.
In addition to equity backing, ITM Power has benefited from extensive grant funding — 39 awards in total, including support from Innovate UK and the UK energy sector to accelerate hydrogen innovation. In 2021, the company also spun out Motive Fuels. In 2025, it was listed on the FT1000 as one of Europe’s fastest-growing companies.
GRIDSERVE is a sustainable energy supplier and its GRIDSERVE Electric Highway, featuring Electric Forecourts® and Electric Hubs aims to make zero-carbon transport more accessible than ever. Alongside charging, the company also operates an EV leasing business, helping individuals and organisations accelerate their transition to clean mobility.
The company has attracted substantial investment to support its growth. Early backing included £16.7m in 2021 from Novuna, followed by a huge £346m equity raise in 2022, led by Infracapital.
In 2023, GRIDSERVE secured a £300m loan facility with support from lenders including NatWest, Lloyds, Santander, and the UK’s National Wealth Fund. Most recently, in March 2025, the business raised £55.8m from Infracapital, Mitsubishi HC Capital UK and TPG to expand its sustainable energy infrastructure further.
In parallel, GRIDSERVE has benefitted from multiple Innovate UK grants, including a £5.1m award in 2019 and a record £33.5m grant in 2023, supporting its solar, storage and EV charging projects.
Zenobē is one of the UK’s leading providers of battery storage and electric vehicle charging infrastructure, helping to deliver clean power and sustainable transport solutions through the use of large-scale batteries. Its projects support both the decarbonisation of the grid and the rapid shift to electrified transport.
The company has attracted major backing to scale its operations. Early investment included £37.6m at seed stage in 2017 from Tiger Infrastructure Partners, followed by venture-stage rounds with JERA, TEPCO and Infracapital.
In December 2023, Zenobē completed a £476m growth-stage fundraising, with investment from KKR and Infracapital — one of the largest private capital injections into the UK’s energy transition sector to date.
Its growth has been recognised across multiple high-growth lists, including HolonIQ’s Europe Climate Tech 2023, Sifted 100: UK and Ireland 2024, BusinessCloud FactoryTech 50 2024, and The Sunday Times Tech 100 2025.
Part of the wider Octopus Group, Octopus Energy is one of the UK’s largest energy transition companies, aiming to deliver affordable, sustainable power while reshaping the global energy system.
The company has secured significant investor support as it scales internationally. Key fundraisings include £182m in 2020 from Origin Energy and Tokyo Gas, £636m in 2021 from CPP Investments, Generation Investment Management and others, and most recently, £631m in December 2023.
Alongside equity investment, Octopus has received government and Innovate UK grants, including a £2.8m award in 2018 to advance clean energy innovation. The business has also pursued an ambitious acquisition strategy, completing more than 20 deals worldwide.
Recent acquisitions include UK-based Exagen Group, German firm Kwest, Dutch EV smart charging company Jedlix, and Energetiq in Australia, extending its reach across Europe and beyond.
Recognised as a high-growth leader, Octopus Energy has appeared on the E2E Job Creation 100 (2023), the Lazard T100 European Venture Growth Index (2024), and BusinessCloud’s EnviroTech 50 (2024).