Zenobe (Debt Financing)

Funding Details
Awarder
Inbox
Date Award
June 13, 2024
Vertical
Energy Storage
Funding URL
View Funding Page

Company Info
Organizations Involved
KKR, Infracapital, Abu Dhabi sovereign wealth fund Mubadala
Founders
Stephen Meersen
Company Description
Zenobe is a UK-based energy storage startup that deploys grid-scale energy storage batteries to capture spikes in power generation from wind farms and solar parks. The company also assists businesses in transitioning to electric vehicles, starting with bus companies. Zenobe provides upfront capital for purchasing charging infrastructure and electric buses, financing the loans through debt financing secured from banks and other financial institutions.
Market
Climate Infrastructure
Location
UK
Coinvestors
KKR, Infracapital, Abu Dhabi sovereign wealth fund Mubadala

Links
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