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Anchor Energy Partners targets €75M for Europe's battery storage gap

What's the deal? Anchor Energy Partners, a Copenhagen-based investment platform, is raising its first fund, Anchor Fund I, with a €75 million target. It will invest in battery storage and other energy flexibility infrastructure across Europe.

Why now? Europe's power system is changing faster than its grid. Wind and solar increasingly set electricity prices, while electrification and data centre growth lift demand, creating frequent swings between surplus and shortage.

In 2025, European power markets recorded more than 7,800 hours of negative wholesale prices, according to the firm.

What's the endgame? The fund targets ready-to-build assets, combining exclusive sourcing with data-driven asset management to build a portfolio of flexibility and storage infrastructure. Over time, Anchor plans to expand into related areas such as renewables co-location and commercial and industrial energy solutions.

The gap: Europe has less than 80GWh of installed battery storage but needs an estimated 1,200GWh by 2050, the firm says. "Many promising mid-sized projects remain stalled, because few investors have the financial resources and the expertise needed to finance them and assess the risks," said Fabian Siegel, chief executive officer and co-founder (translated from French).

Anchor's team already develops and operates battery storage in Germany and Finland. Its founding partners draw on experience at firms including ØrstedDealroom has a profile for this one. Try Dealroom →, Danske CommoditiesDealroom has a profile for this one. Try Dealroom →, and AIPDealroom has a profile for this one. Try Dealroom →.

The signal: As renewable generation outpaces grid flexibility, capital is shifting toward storage as the fastest fix. Anchor is betting that mid-sized projects — too small for the biggest funds, too complex for generalists — are where the opportunity sits.

Read more: dernieresactus.fr

Image credit: theslowlane

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