Anchor Energy Partners, a new Copenhagen-based investment platform focused on European energy flexibility and storage infrastructure, has launched its first fund, Anchor Fund I.
European renewables have set the power price, while themes such as electrification and data centers are pushing up demand, Anchor noted. The result is a system that more often has too much power or too little. In fact, European power markets together recorded more than 7,800 hours of negative wholesale prices in 2025.
The system lacks flexibility, the ability to store power when it is plentiful and release it when it is needed. Battery storage is currently the fastest way to add it, and the need is there. Europe has under 80 gigawatt-hours of battery storage installed today against around 1,200 gigawatt-hours needed by 2050.
With a target size of €75 million ($84 million), Anchor Fund I will invest in battery storage and other flexibility assets across Europe. The fund will acquire and