Return Storage Funding Round

11/4/2026

Debt

$940,000,000

Undisclosed

Return will use the �835 million portfolio financing to expand its large-scale battery energy storage capacity in Germany and strengthen its Virtual Flexibility Portfolio (VFP). The financing will initially support three battery storage projects with a combined capacity of 117 MW, with additional eligible projects expected to be added under the same financing framework. The funds will help the company develop and deploy new battery storage infrastructure, increase its ability to provide scalable energy flexibility services to electricity companies, and support the integration of renewable energy sources such as wind and solar into Germany's electricity grid. Return aims to install at least 1 GW of battery storage capacity annually in Germany from 2027 onwards, with planned annual investments of �750 million to �1.2 billion, depending on market conditions.

Private & Independent

Energy & Battery

Anthony Fokkerweg 1
Amsterdam, 1059CM
NL

Return is Europe's leading independent large-scale energy storage provider. Across Europe, our 100+ professionals deliver and manage battery storage solutions that balance the grid and make renewable energy reliable at scale. We're not just building batteries. We're creating the flexible, intelligent infrastructure Europe needs to reach net-zero. As an independent enabler, we strengthen the entire energy chain. We help grid operators manage peaks, empower producers to capture value, keep businesses productive, and ensure consumers have access to reliable green energy.