In this week’s episode of Energy Transition Today, we talk about a first-of-its-kind financing for battery storage in Estonia, a clear sign of lenders’ confidence in storage-only revenues.
In the UK, Ørsted’s 2.9 GW Hornsea 3 project gets a $6.5 billion boost from Apollo Infrastructure Funds, one of the largest equity investments ever made in renewable energy, reviving optimism in offshore wind.
Poland’s PGE prepares its 896 MW Baltica 1 project for the country’s upcoming offshore wind auction, while in the Netherlands, the government faces a setback after its latest auction closed without bids.
Finally, we discuss NextWind’s €1.8 billion debt financing to repower German onshore wind farms, highlighting how capital is now driving large-scale repowering and hybrid renewable models across mature markets.
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