BasePower Fuels Carbon Transition with £200M Series B Funding

We are thrilled to announce that BasePower has successfully raised £200,000,000 in funding, marking a significant milestone in our journey to accelerate the carbon transition in the UK. BasePower, a leading energy services company, is committed to enabling UK plc to operate profitably and grow sustainably as they navigate the challenges of reducing carbon emissions. With our unique blend of sustainable generation at scale, advanced energy storage, innovative microgrids, and efficient heat networks, we are addressing national grid constraints and delivering the capacity and carbon reductions that modern businesses urgently require. This substantial injection of capital will empower us to further develop our state-of-the-art technologies and extend our operational footprint across the country. The funding is strategically allocated to enhance our capabilities in scaling sustainable energy solutions, optimizing energy efficiency, and integrating resilient infrastructures that support a stable, low-carbon future. At a time when the global economy is recalibrating its approach to energy consumption, our goal remains to provide businesses with not only competitive advantages but also a viable pathway to achieving their environmental goals. Our mission is to empower industries with the tools they need to thrive in the evolving energy landscape. The support from our investors reaffirms the market’s confidence in BasePower’s innovative approach and our commitment to facilitating a greener, more efficient energy ecosystem. We look forward to leveraging this new funding to make transformative changes, driving progress in decarbonization while ensuring that energy continues to be a strategic enabler for economic growth and sustainability in the UK.