Voltwise Power (“Voltwise” or the “Company”) today announces a significant equity commitment from Sandbrook Capital (“Sandbrook”), a private investment firm dedicated to building businesses crucial to transforming the world’s energy infrastructure.
Voltwise is a newly formed developer, owner, and operator of utility-scale Battery Energy Storage Systems (“BESS”) across select geographies in Europe. Europe’s commitment to combating climate change will drive continued replacement of traditional fossil fuel-based electric power generation with clean, but largely intermittent, renewable electricity. BESS will enable the continued provision of reliable electric supply amidst this energy transition by providing high-performance storage of renewable electricity for use in periods of relatively short supply. Sandbrook and Voltwise believe utility-scale BESS will be the principal resource for enhancing power grid stability and reliability in the years to come, yielding an asset class poised for sustained and profitable growth. With Sandbrook’s backing, the Company will be well-capitalized to progress a large portfolio of BESS projects across a range of markets.
Voltwise’s management team has decades of experience building and developing successful businesses across the energy sector globally, with a particular focus on power assets and BESS solutions. Voltwise CEO Russell Alton commented, “We are excited to partner with Sandbrook to grow the Voltwise BESS platform. Sandbrook’s significant investment expertise and committed capital, combined with our team’s extensive business development and operational track record, provides the Company with a unique strategic advantage in the rapidly expanding market for grid-connected flexibility solutions.”
Carl Williams, co-founder of Sandbrook, said, “The Voltwise team brings an exceptional combination of experience and capability in the emerging utility-scale battery storage sector across the UK and Europe, and Sandbrook is delighted to be their capital partner. This transaction is another example of Sandbrook’s commitment to partnering with courageous entrepreneurs that share our drive to fight climate change, create impactful companies, and deliver strong returns for our investors.”
About Voltwise Power
Voltwise Power is a newly formed developer, owner, and operator of utility-scale battery energy storage systems across select geographies in Europe. The Company is headquartered in London, UK, with a European office in Munich, Germany.
About Sandbrook Capital
Sandbrook Capital is a private investment firm dedicated exclusively to partnering with world class management teams to build great companies that are crucial to transforming the world’s energy infrastructure. The firm was founded by five partners with decades long experience in the renewable energy sector. It is headquartered in Stamford, CT with European headquarters in London, UK.
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