Aware Super, Equitix, and National Wealth Fund, to invest £500m in Eelpower.

Aware Super, an Australian Industry Superannuation Fund, Equitix, an investment company, and National Wealth Fund, a UK government-owned policy bank, agreed to invest £500m in Eelpower, a UK-based developer, owner, and operator of grid-scale battery storage systems. “Aware Super is proud to be a substantial direct investor in Eelpower Energy, reinforcing our commitment to the UK energy transition and industrial strategy. We are excited by our partnership with local institutions, Equitix and the National Wealth Fund, and look forward to generating attractive returns for our 1.2 million members. This new platform will build on our existing UK and European infrastructure portfolio – that includes Forth Ports and EuNetworks – and demonstrates our confidence in the battery storage sector’s role in delivering cleaner, more resilient energy systems,” Damien Webb, Aware Super Deputy CIO and Head of International.