Eversheds Sutherland Advised Pulse Clean Energy on Landmark £220 Million Financing for Battery Storage Expansion
The Global Law firm Eversheds Sutherland has advised Pulse Clean Energy on securing a landmark £220 million financing package with a syndicate of leading banks, including Santander, NatWest, ABN AMRO, NORD/LB, Investec, and CIBC.
The transaction will enable Pulse Clean Energy to:
- Refinance existing debt,
- Construct six new battery energy storage system (BESS) sites,
- Convert former diesel sites into clean energy assets, and
- Support nine ongoing clean energy projects.
With a planned operational capacity of 2GWh by 2030, this financing represents a major milestone in the UK’s battery storage revolution. The deal will enhance grid resilience, accelerate the energy transition, and unlock long-term cost savings for consumers.
Commenting on the deal, Peter Greenall, who led the cross-practice Eversheds Sutherland team, said, “This complex transaction demonstrates our ability to bring together deep sector expertise across practice areas to deliver innovative and practical solutions for clients driving the UK’s renewable energy future.”
The multidisciplinary Eversheds Sutherland’s team comprised Stephen Hill and Julia Gawecka (Corporate); Ben Brown, Sophie Lowe and Rory Budworth (Regulatory); Jodie Butler, Emma Andersen and Christine Barnsley (Real Estate); Karen Mutton (Planning); and Richard Streeter, Richard Black, Sacha Bacco, Claire de Joux and Kristen Centorame (Construction).
This deal further cements Eversheds Sutherland’s position as a leading adviser in the renewable energy and battery storage sector, underscoring the firm’s commitment to supporting clients in advancing the global transition to clean energy.
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