Executive Summary:
- Listed battery funds now account for a third of the operational battery energy storage capacity in Great Britain.
- Battery revenues have declined by 69% since 2022, which has impacted share prices and limited access to public capital.
- Funds have adapted by upgrading their portfolios, refining operating strategies, and restructuring revenue streams.
The big question is: Will they continue to grow within the listed market, or is an alternative ownership structure the next step?
Subscribers to Modo Energy’s Research will also find out:
- The ownership structures of batteries in Great Britain
- Why the share prices of listed battery funds are trading at a discount to net asset value (NAV).
- Which funds are upgrading their portfolios, securing fixed-revenue streams and diversifying into international markets.
- What early-2025 revenue trends suggest for the years ahead.
To get full access to Modo Energy’s Research, book a call with a member of the team today.
Note: This article is for informative purposes and does not constitute financial advice or recommendation.
There are different ways to own and fund battery storage systems in Great Britain
Listed Funds: Publicly traded and overseen by an investment manager. They can raise capital by issuing shares or selling assets. Their ability to raise public capital depends on share price performance.
Private ownership: Funded by institutional investors, pension funds, or high-net-worth individuals. They are not exposed to daily stock market volatility and can focus on longer-term investment horizons.