News

    Perkins Coie Advises Highview Power on £130M Capital Raise for Energy Storage Facility

    Alt

    LONDON (November 12, 2025) - Perkins Coie has advised Highview Power, the leading energy infrastructure company, on its £130 million capital raise to fund Phase 1 of Highview’s 3.2 GWh long-duration energy storage facility in Hunterston, Scotland.

    The round includes participation from Goldman Sachs, KIRKBI, Mosaic Capital, Centrica, and the Scottish National Investment Bank. Once completed, the project is expected to support 1,650 jobs across construction and in the supply chain during the build-out of all phases of the project. It will support the construction of a “stability island”, delivering key grid stability services as part of Highview’s broader rollout of long-duration energy storage solutions across the UK.

    “We are proud to support Highview on this significant funding round and critical UK energy project,” said Ian Bagshaw, Perkins Coie’s London office managing partner. “The Hunterston project represents a significant step in delivering the vital investment and infrastructure needed to support a more flexible, resilient, and low-carbon energy system in the UK."

    The Perkins Coie advisory team included partners Ian Bagshaw and Craig Fagan, associate Lukas Pavlik, and Legal Business Analysts Rebecca Ruggiu, Russell Oni, and Hana Matouskova.

    Editorial Disclaimer

    Originally published before the Ashurst Perkins Coie combination. See disclaimer.