Copenhagen Infrastructure Partners Invests in Two New Battery Storage Projects in Scotland

Copenhagen Infrastructure Partners (CIP), through its flagship fund CI IV, has taken a final investment decision (FID) on two new Battery Energy Storage System (BESS) projects in Scotland – Coalburn 2 and Devilla. The combined investment for these projects totals approximately £800 million.

This decision significantly expands CIP’s BESS construction portfolio in the UK, growing it from one to three projects, and positions CIP as the largest battery storage investor in the country.

Nischal Agarwal, Partner at CIP, commented: “CIP’s latest investments in Scottish battery energy storage will support the UK’s pursuit of a clean power system by 2030 and delivering a net zero carbon economy by 2050. Battery storage which is well located, like our Coalburn and Devilla projects, enhances energy security, provides the grid with much needed flexibility and enables low cost renewables to be deployed faster. We are thrilled to welcome the First Minister John Swinney, and Cabinet Secretary Gillian Martin, to our Coalburn sites to mark our recent investment decisions and start of construction of Coalburn 2”.

With the addition of Coalburn 2 and Devilla, CIP’s BESS portfolio in the UK now consists of three major projects: Coalburn 1, Coalburn 2, and Devilla, totaling a combined power capacity of 1.5GW. Together, these projects will store and supply the grid with 3GWh of electricity, equivalent to the electricity consumption of over 4.5 million households over a two-hour period.

This investment reinforces CIP’s commitment to advancing renewable energy infrastructure and playing a leading role in the UK’s transition to a sustainable, low-carbon future.