About us
Established in 2024, we are an independent battery energy storage business headquartered in Edinburgh, UK.
Backed by EIG, a leading institutional investor in the global energy and infrastructure sectors, and the National Wealth Fund, the UK government’s principal investor and policy bank driving investment into the UK’s clean energy and growth industries, we believe that energy storage will play a crucial role in the decarbonisation of our electricity systems.
Our Purpose
Fidra Energy is a people powered battery storage business.
Our Mission
We develop and operate large battery storage projects in the UK and Europe.
Our Vision
To enable the energy transition by supporting renewable generation.
Ambition
We will develop, build and operate at least 10GW of battery storage in the UK and other European markets by 2030.
Our Investors
EIG is a leading institutional investor in the global energy and infrastructure sectors with $24.3 billion assets under management as of September 30, 2025. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 43-year history, EIG has committed over $51.7 billion to the energy sector through 421 projects or companies in 44 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.
The National Wealth Fund is the UK government’s principal investor and policy bank, charged with deploying capital at scale to drive investment into the UK’s clean energy and growth industries in support of government policy. Investments must meet its triple bottom line: helping deliver the government’s growth and clean energy missions, generating a return for the taxpayer and crowding in private capital. The National Wealth Fund is based in Leeds and has £27.8 billion of finance to deploy. It has a team of investment professionals with expertise to invest across the capital structure, including loans, equity investments and guarantees. The National Wealth Fund also provides commercial and financial advisory services and market leading lending to local authorities across the UK. The Fund is wholly owned by HM Treasury but is operationally independent from government.