Highview Power raises £300M for Carrington liquid air storage plant

Highview Power/Carrington Liquid Air Storage Plant

Highview Power secured £300 million for its 300 MWh liquid air energy storage plant at Carrington, Manchester. Investors included the UK Infrastructure Bank, Centrica, Rio Tinto, Goldman Sachs, Kirkbi, and Mosaic Capital.

• £300 million for the 300 MWh Carrington project near Manchester.
• Lead investors: UK Infrastructure Bank and Centrica.
• Construction began in late 2024, with stability island operational August 2026, full LAES in 2027.