General – Storage Platform
InfraVia Capital Partners, a leading European infrastructure investor, has announced the acquisition of a majority shareholding in GIGA Storage, a leading player in Battery Energy Storage System (BESS) development, construction, and operations in the Netherlands and Belgium.
GIGA Storage is an early mover in the BESS sector in these two countries focused on innovation and sustainability, and is one of the few independent storage platforms that integrates the full value chain, from development and construction of BESS, to operations of the battery capacity via the own developed route to market, providing services to utilities and the network operators.
GIGA Storage manages operational assets in the Netherlands and developed a near term pipeline of 2GW across Benelux. The transaction marks a key milestone for the company and will accelerate GIGA Storage’s growth of the development and operation of large-scale BESS sites that will underpin the energy transition initially in both countries.
The investment positions InfraVia as the majority shareholder in GIGA Storage, underscoring the firm’s commitment to accelerate the energy transition across Europe.
GIGA Storage’s projects will align growing, intermittent renewables generation with increasing, inelastic electricity demand, which is critical to simultaneously decarbonise the power mix and maintain a stable, reliable electricity grid. The founder-led management team will retain a significant stake in the company and will continue to lead GIGA Storage during this new accelerated phase of growth.
Through this partnership, InfraVia and the management team aim to leverage the company’s proven development, construction, and operation capabilities in utility-scale storage projects to create a leading energy storage platform in Northern Europe, building on the company’s pioneering position in the Netherlands and Belgium.
