EQT to acquire Statera from InfraRed Capital.

EQT, a Swedish global investment organization, agreed to acquire Statera, a UK-based battery storage and flexible generation infrastructure developer and operator, from InfraRed Capital, an investment firm. Financial terms were not disclosed. "In a world increasingly reliant on intermittent renewables and striving to achieve Net Zero emissions, battery storage and other flexible generation solutions are imperative. Both the public and private sectors must commit time, expertise, and capital to innovative solutions that can expedite the energy transition. The partnership between EQT and Statera is an exciting step towards achieving this goal," Francesco Starace, EQT Partner.