Zenobe Secures $252 Million Debt Facility for Battery Projects in Scotland

Canadian Imperial Bank of Commerce, Rabobank, Santander UK, Siemens Financial Services provided the financing facility

February 16, 2023

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Zenobe Energy, a UK-based electric vehicle fleet operator, and battery storage project developer, secured a £235 million (~$252 million) long-term debt facility to fund its next two grid-scale, transmission-connected battery storage projects totaling 400 MW/ 800 MWh in Scotland.

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