InfraVia has announced that it has acquired a majority stake in both Mercia Power Response and Balance Power Projects and will merge the two companies into Supernova Power. This transaction brings together two complementary businesses to form a single, scaled, integrated storage and flexible power platform supporting the U.K. energy system and accelerating the energy transition.
Mercia Power Response, majority owned since 2015 by funds managed by Foresight Group, is a provider of flexible power response services to the U.K. grid and specializes in developing, constructing and operating flexible gas peaking plants and battery storage assets. Mercia currently operates a portfolio of 262-megawatt gas peaking and battery storage sites and has a development portfolio of more than 400 megawatts of battery storage sites.
Balance Power is a leading developer of battery storage sites in the United Kingdom. The founder-owned company has delivered 39 projects since inception acro
