What Noriker Power does

Noriker Power Ltd is a UK-based developer and vertically integrated service provider in the battery energy storage system (BESS) sector, founded in May 2015 and headquartered in Cheltenham. The company develops BESS assets across the UK and Ireland, claiming to be the first large-scale BESS developer in the UK, with 1.2GW of unique battery storage assets completed or in construction and a development pipeline exceeding 1GW. Its service platform spans greenfield project origination, grid connection management, front-end engineering and design, EPC-M delivery, a proprietary SCADA/EMS control system, operations and maintenance, asset optimisation (including energy trading), and ongoing contract, financial, and asset management. Flagship projects include the 350MW Kilmarnock South site (entered construction 2024), the 20MW hybrid BESS at Stainforth (commissioned 2025), and case studies at Welkin Mill and Blandford Road.

The company's commercial model combines project development fees, EPC-M services revenue, managed O&M contracts, asset optimisation (route-to-market and trading) fees, and management services for asset owners. Pricing is project-specific and not publicly disclosed. Noriker serves two principal customer segments: institutional energy storage asset owners and investors — including Gresham House Energy Storage Fund, Copenhagen Infrastructure Partners, and Equinor New Energy — and landowners (farmers, estate owners) who provide sites under option-to-lease or option-to-purchase agreements, acquired through direct outreach and a dedicated landowner portal. The go-to-market is direct enterprise sales supplemented by industry events and a corporate website; distribution is exclusively project-based B2B, with no consumer or self-serve channel.

Technically, Noriker's central differentiator is its proprietary SCADA system built specifically for BESS and hybrid BESS projects and deployed across all of its sites, supporting autonomous control, revenue optimisation, construction acceleration, and data-driven asset management. The company holds Cyber Essentials certification. In December 2021, Equinor acquired a 45% equity stake by purchasing shares from Gresham House; in 2025 Noriker completed a management buyout from Equinor and repositioned around service-led solutions, with Equinor retained as a key client.

Name

Noriker Power

Legal name

Noriker Power Ltd

Website

https://noriker.co.uk

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Noriker Power is a UK-based vertically integrated battery energy storage system developer and service provider serving institutional asset owners and landowners across the UK and Ireland, with proprietary SCADA technology and 1.2GW of projects completed or in construction.

Ownership category

akta.pro rank

Product category

Energy Storage Development and Services

NAICS

Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro primary industry

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)

akta.pro secondary industries

BESS EPC, Integration & Commissioning (EUAFAAAB), BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG), Energy Management Systems (EMS), SCADA & Dispatch/Optimization Software for Storage (EUAFAAAF), BESS Market Participation & Trading Services (Ancillary/Capacity/Arbitrage) (EUAFAAAL)

Keywords

• Battery energy storage
• Grid-scale storage
• Energy storage development
• BESS asset optimisation
• Renewable energy infrastructure

Headquarters

HQ city

Gloucester

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Project Development Services: Noriker develops BESS projects from greenfield origination through to commissioning, earning development fees and structuring revenue from finance sourcing and engineering design services.
2. EPC-M Services: Engineering, Procurement, Construction, and Management services provided during the construction phase, delivering engineering integration through SCADA/EMS systems and project construction management.
3. O&M Services: Operations and maintenance services including data analytics and preventative maintenance for BESS assets throughout their operational life.
4. Asset Optimisation: Route-to-market platform providing BESS-focused asset optimisation and energy trading services for third-party and in-house portfolios, optimising revenue from battery storage assets.
5. Management Services: Contract, financial, and asset management services tailored to asset owners' needs, providing ongoing administrative and commercial oversight of BESS projects.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Noriker Power develops and operates utility-scale Battery Energy Storage System (BESS) assets across the UK and Ireland, providing vertically integrated services spanning project development, EPC-M (engineering, procurement, construction and management), proprietary SCADA/EMS control systems, asset optimisation, and long-term O&M and management services for asset owners and institutional investors.

Product overview

Noriker Power offers an integrated BESS solutions platform spanning the entire project lifecycle from greenfield origination through long-term asset optimisation. The core proprietary offering is the SCADA system specifically developed for BESS and hybrid projects. The integrated service bundle combines SCADA (BESS control systems and data services), O&M (operations and maintenance with data analytics), Asset Optimisation (BESS-focused asset optimisation and energy trading), Management Services (asset, contract, and financial management), and EPC-M (project construction management). This integrated approach streamslines delivery, reduces contractual complexity, minimises interface risks, and provides asset owners with a single accountable point of management.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Development Greenfield origination through to commissioning of BESS projects, including site identification, grid connection management, finance sourcing, and engineering design services for asset owners and investors.
• SCADA Control System Proprietary control system developed by Noriker specifically for BESS and hybrid BESS projects. Deployed across all Noriker sites to support fully autonomous control, advanced data analytics, construction acceleration, revenue optimisation, and enhanced asset management.
• Operations & Maintenance (O&M) Efficient preventative maintenance services with data-driven monitoring and analysis for BESS projects, delivered throughout the operational life of the assets.
• Asset Optimisation Route-to-market platform supporting both third-party and in-house optimisation for BESS assets, including energy trading capabilities to maximise revenue from battery storage portfolios.
• Management Services Contract, financial and asset management services tailored to the needs of BESS asset owners, providing ongoing administrative and commercial oversight of projects.
• EPC-M End-to-end management of BESS project delivery from structuring through to commissioning, including front-end engineering and design, procurement and structuring support, and construction management.

Quantifiable outcome

• 1.2GW of unique battery storage assets completed or in construction
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Harmony Energy Income Trust: UK-focused battery energy storage developer and operator with a multi-hundred-MW portfolio. Highly comparable to Noriker in geography, asset class, and target customers (UK institutional storage investors).
• Low Carbon: UK renewable energy developer with a growing BESS development pipeline and solar hybridization. Comparable to Noriker as a UK-based, integrated clean energy developer serving institutional investors.
• Zenobe Energy: UK-based BESS developer and operator with utility-scale storage projects and EV charging infrastructure. Comparable to Noriker in BESS development focus, UK/Ireland footprint, and institutional customer base.
• Anesco: UK-based developer of large-scale solar and battery storage projects, including grid-scale BESS. Directly comparable as a UK BESS/solar developer competing for the same landowner and grid connections.
• Penso Power: UK BESS and grid flexibility developer focused on utility-scale storage projects. Comparable to Noriker in asset class, geography, and target customer profile (UK funds and infrastructure investors).
• BW ESS: European BESS developer and operator with active UK projects. Comparable to Noriker in storage-focused development and asset ownership strategy across European markets.
• TagEnergy: European renewable and storage developer with utility-scale BESS projects including UK deployments. Comparable in storage development focus, European footprint, and institutional-grade project delivery.

Broad incumbents

• Statkraft: Norwegian state-owned power generator with significant UK BESS development and operations. Comparable as a large-scale storage player in the UK market, but with much broader generation portfolio and balance sheet.

Others

• Equinor: Former 45% shareholder of Noriker and current key client; major energy company with utility-scale BESS ambitions in the UK. Comparable as both a former owner/investor and a customer relationship, but operates at vastly larger scale and across multiple energy segments.
• Sungrow: Global BESS systems integrator and inverter/PCS supplier with major UK and European storage deployments. Comparable as an enabling technology provider in the BESS value chain in which Noriker operates, though not a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Noriker Power