Financing Merchant Batteries When Contracts Run Out - Aquila Clean Energy

Podcast: Transmission · Ysabelle Swan

Opublikowano: 2026-10-13

Battery storage investment in Europe now depends less on whether the revenue exists and more on how it gets financed. With Italy's first MACSE auction won largely by a single player while Germany's fully merchant market is pushing lenders towards shorter, tighter debt, investors have to work out what makes a battery project bankable without a long-term contract.Grace Kankindi, Deputy Head of Investment Management at Aquila Clean Energy, joins Ed Porter to walk through how she assesses battery investments across multiple European markets.They cover:- Why the first MACSE auction worked as designed, even though prices cleared low...