Highview Power has secured a £300 million investment to build the UK's first commercial-scale liquid air energy storage (LAES) plant. This funding comes from the UK Infrastructure Bank, Centrica and a consortium of investors including Rio Tinto, Goldman Sachs, KIRKBI and Mosaic. . Highview, a global leader in long duration energy storage solutions (LDES) welcomed Andy Burnham, Mayor of Greater Manchester, to the official breaking of ground for its new facility – the world's largest commercial-scale liquid air energy storage plant – at Trafford Low Carbon Energy Park near. . Highview Power kickstarts its multi-billion pound renewable energy programme to accelerate the UK's transition to net zero in Carrington, Manchester. Highview Power CEO Richard Butland. (Photo: Business Wire) LONDON-- (BUSINESS WIRE)--Highview Power has secured the backing of the UK Infrastructure. . Liquid air energy storage firm Highview Power has raised £300 million (US$384 million) from the UK Infrastructure Bank (UKIB) and utility Centrica to immediately start building its first large-scale project. The funding will enable Highview to launch construction on a 50MW/300MWh long-duration. . Highview Power has announced a significant £300 million funding boost for constructing the UK's first commercial-scale liquid air energy storage (LAES) facility in Manchester.
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