Return secures €835 million in financing to expand its battery storage capacity in Germany, underwritten by Deutsche Bank and Rabobank. This funding aims to install at least 1 GW of battery storage capacity annually from 2027 onward.
Amount Raised
€835 Million
Round Type
Debt Financing
Investors
Description
Amsterdam-based Return has secured €835 million in financing to support its expansion in battery storage capacity in Germany. This financing, underwritten by Deutsche Bank and Rabobank, aims to install at least 1 GW of capacity annually starting in 2027. The company focuses on large-scale battery systems and energy flexibility services. This funding marks a significant step towards becoming a leading provider of energy flexibility in Germany.
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