Crédit Agricole CIB acted as Mandated Lead Arranger for Zenobē Energy in the financing of Eccles, a 400MW/800MWh Battery Energy Storage System

We are proud to support Zenobe in delivering this strategic battery storage project in the UK, a testament to Crédit Agricole CIB’s commitment to financing innovative solutions that enhance grid stability and drive the transition to a low-carbon future. This transaction further strengthens our footprint across the energy sector, including grid-balancing assets, which are essential for a sustainable energy transition.

Thomas Ragot

Head of EIG Power & Utilities EMEA

The successful closing of the Eccles project financing reflects Zenobe’s expertise in developing well-structured and contractually robust battery storage assets, as well as the market’s strong appetite for such projects. This transaction demonstrates our continued support for Zenobe’s sponsors, KKR and Infracapital, as well as Crédit Agricole CIB’s position as a key banking partner in the expanding BESS sector and in Energy Transition more broadly.

Henry Manson

Infrastructure Coverage – Europe

Battery storage is a critical enabler of the energy transition, providing the flexibility needed for the efficient and sustainable integration of intermittent renewable energy. We are delighted to have contributed to the financing of this milestone project and look forward to supporting Zenobe in its continued expansion, as well as the broader BESS sector.

Florian Cerretani

EIG Power & Utilities EMEA