€19 million growth round for Sympower

Charging up Europe’s energy future! Our portfolio partner Sympower has secured an additional €19 million from pension investor PGGM, bringing their Series B1 round to €42 million.

With over 2.7 GW of flexible distributed energy assets under management, Sympower is already helping grids across Europe to integrate renewables and build resilience. Their flexibility services support the replacement of fossil capacity and enable the shift to a cleaner, smarter energy system. 🌍⚡

This fresh capital will accelerate the rollout of battery energy storage systems (BESS), fuel strategic acquisitions, and expand Sympower’s pan-European presence. With PGGM also joining the Supervisory Board, Sympower gains long-term institutional expertise to guide this next phase of growth.

Congrats to founder Simon Bushell and the entire Sympower (MT) team, scaling the impact of energy flexibility across Europe, one battery at a time. 🚀