ILI Pump Storage Hydro
- 6+15% a year
- 5 years
ILI Pump Storage Hydro supported the development of a pipeline of pumped storage hydro sites and lithium-ion battery storage projects in Scotland. The development of both energy storage technologies is important. With more and more renewables on our grid, we need technology to balance energy supply and demand and increase grid stability. This investment was one of two raises from the ILI group that supported the business as it continued to develop its pipeline of sites.
Total funded
£3,400,000
Investors
1,457
Closed
Jan 2018
Helping balance our greener grid
Energy storage is needed to balance supply and demandDeveloping Scottish energy storage sites
Funding ILI to go through the planning process on a number of sitesHydro power offers large scale storage
Multi-MW projects can make a real impact on our grid