Jamieson is pleased to announce that it has advised the management team of Statera Energy on the sale of the business from InfraRed Capital Partners to EQT Infrastructure.
Founded in 2015, Statera is a prominent player in the UK’s battery storage and flexible energy generation sectors, with more recent exploration into pumped hydro and green hydrogen technologies. The partnership with EQT will provide Statera with access to growth capital required to accelerate the deployment of its flexible generation across the UK, and is a step towards achieving net-zero and energy transmission goals.
The transaction is due to complete towards the end of 2023.
Stuart Coventry, Gus Gayford, Kenny Brodie and Helen Briscoe advised the management team on the transaction and new incentive plan arrangements.
