Pacific Green
Pacific Green develops, finances, and sells utility-scale battery energy storage parks for utilities, grid operators, and energy companies. It targets 12GWh of capacity across Australia, the UK, Italy, Poland, and Saudi Arabia via offtake agreements with Shell, SSE, Re2 Capital, and ZEN Energy.
- Company typePrivate
- Founded-
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Pacific Green does
Pacific Green, operating as Pacific Green Group (formerly Pacific Green Technologies, Inc.), is a private renewable-energy infrastructure developer that pivoted from marine exhaust scrubbing (ENVI-Marine) to utility-scale battery energy storage systems (BESS) around 2019. Its core product, Pacific Green Energy Parks, consists of grid-scale battery storage facilities (ranging from 50MW/100MWh individual projects to the 1GW/2.5GWh Portland Energy Park planning permit in Australia) that support renewable integration, capacity markets, and grid reliability. Underlying technical capability is anchored by the 2020 acquisition of Innoergy Limited, a BESS design company, and a 2022 manufacturing framework MoU with Shanghai Electric Gotion.
The company's business model is a develop-permit-finance-sell model: Pacific Green secures land and planning permits, arranges project-level debt and equity (counterparties have included Shell as equity partner in Richborough, Green Power Reserves, and undisclosed lenders totaling £148M plus AU$77M of disclosed facilities), and sells completed assets to energy companies such as Shell (£74M for Richborough), or transacts at enterprise values such as £210M for Sheaf Energy Park. Revenue is complemented by project development services (planning, permitting, land acquisition, construction management) and offtake/Energy Optimization Agreements with counterparties including SSE, Re2 Capital (2GWh framework), and ZEN Energy (1.5GWh commitment). Pacific Green went private via voluntary SEC deregistration in 2025 and currently targets 12GWh of BESS capacity across Australia, the UK, Italy, Poland, and (via a 2024 JV with Amkest Group) Saudi Arabia.
Pacific Green firmographics
Firmographics- Name
- Pacific Green
- Legal name
- Pacific Green Group
- Website
- https://pacificgreen.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Pacific Green develops, finances, and sells utility-scale battery energy storage parks for utilities, grid operators, and energy companies. It targets 12GWh of capacity across Australia, the UK, Italy, Poland, and Saudi Arabia via offtake agreements with Shell, SSE, Re2 Capital, and ZEN Energy.
- Ownership category
- akta.pro rank
Pacific Green industry classification
Industry- Product category
- Battery Energy Storage Systems
- NAICS
- Electric Power Generation (22111)
- akta.pro primary industry
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)
- akta.pro secondary industries
- Utility-Scale BESS EPC & Integration (EUAEAEAA), BESS Market Participation & Trading Services (Ancillary/Capacity/Arbitrage) (EUAFAAAL), BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG), BESS Financing, Insurance & Contracting (Tax Equity, PPA/Tolling, Warranties) (EUAFAAAI), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE)
Keywords
Where Pacific Green is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Pacific Green business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Personnel, Technology or R&D, Operations
Revenue model
- Battery Energy Park Development Sales: Pacific Green develops battery energy storage projects and sells completed developments to third parties, as evidenced by the sale of Limestone Coast North (250MW/500MWh) and Sheaf Energy Park (249MW/373.5MWh) developments.
- Project Development Services: Development services for battery energy storage projects including planning, permitting, land acquisition, and construction management.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Pacific Green product offering
Product offeringCore offering
Pacific Green develops, builds, and sells utility-scale battery energy storage system (BESS) projects (battery energy parks) globally. The company manages the full project lifecycle from planning and permitting through construction, then sells completed developments to utilities, grid operators, and energy companies. Pacific Green also offers ENVI-Marine exhaust gas cleaning systems for the maritime sector and provides proprietary BESS design services through its acquired Innoergy Limited subsidiary.
Product overview
Pacific Green is primarily an energy storage development and construction company specializing in utility-scale Battery Energy Storage Systems (BESS) and energy parks. The company operates two distinct business lines: (1) Pacific Green Energy Parks — developing and operating large-scale BESS projects globally including Australia, UK, Europe, and Italy — and (2) Pacific Green Marine Technologies — offering the ENVI-Marine™ exhaust gas scrubbing system for maritime vessels. The Energy Parks business has a stated target of 12GWh of battery storage capacity across four global markets, with projects ranging from 50MW to 1GW in power capacity. Pacific Green also acquired Innoergy Limited to provide in-house BESS design capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- Pacific Green Energy Parks: The company's primary business division focused on developing, building, and operating large-scale battery energy storage systems and energy parks globally.
Products and services
- Pacific Green Energy Parks (Battery Energy Park Development)
Companies that use Pacific Green
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles1 record
Pacific Green technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Pacific Green partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, minor and strategic.
- SSEcoreSSE entered into an Energy Optimization Agreement for Pacific Green's 249MW / 373.5MWh Sheaf Energy Park Battery Development in the UK.
- ShellcoreShell entered into Energy Optimization Agreement for Richborough Energy Park battery development and officially began trading on the energy markets after handover.
- Re2 CapitalcoreLandmark Offtake Framework Agreement with Re2 Capital to Support 2GWh of BESS Projects in Australia.
- ZEN EnergycoreCommitment Agreement with ZEN Energy for BESS Offtake in Australia for 1.5GWh.
- Shanghai Electric Gotion New Energy Technology Co., Ltd.coreBattery Energy Storage System Strategic Manufacturing Framework Memorandum of Understanding for BESS manufacturing.
- Green Power ReservesminorBecame equity partner in Pacific Green's 99.98MW Richborough Energy Park Development.
- Amkest GroupstrategicJoint-Venture Agreement with Amkest Group to Expand into the Kingdom of Saudi Arabia.
- Innoergy LimitedcoreAcquired Innoergy Limited, a battery energy storage system design company, to enhance proprietary BESS design capabilities.
- Tupa Energy LimitedcoreAcquired Sheaf Energy Limited (owned by Tupa Energy) - 249MW / 373.5MWh battery energy storage development in the UK.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Pacific Green competitors and assessment
Company assessmentEmerging players
- Harmony Energy Income Trust: Harmony Energy is a UK-focused battery storage developer and operator, directly comparable to Pacific Green's UK portfolio (Sheaf, Richborough) with overlapping offtake and grid services exposure.
- Zenobē Energy: Zenobē develops and finances utility-scale battery storage projects in the UK and Europe, with a focus on grid services and EV fleet charging — overlapping Pacific Green's European battery park development pipeline.
Direct peers
- Fluence Energy: Fluence is a leading global utility-scale BESS integrator and developer, directly competing with Pacific Green in grid-scale battery energy storage project development and EPC integration across the same geographies including UK, Europe, and Australia.
- Wärtsilä Energy Storage: Wärtsilä offers utility-scale grid-forming BESS solutions and project development services, with active UK and European deployments comparable to Pacific Green's Sheaf and Richborough parks.
- Powin Energy: Powin is a BESS system integrator supplying utility-scale storage projects globally, directly comparable to Pacific Green in terms of technology stack and customer base (developers and utilities).
- Tesla (Megapack / Tesla Energy): Tesla's Megapack business develops and supplies utility-scale BESS projects globally, directly competing with Pacific Green's grid-scale battery energy park developments and exerting pricing pressure on BESS supply.
- BYD Energy Storage: BYD manufactures and integrates battery energy storage systems for utility-scale deployments globally, competing directly with Pacific Green's grid-scale BESS offering and the Shanghai Electric Gotion manufacturing partnership.
- Saft (TotalEnergies): Saft, a TotalEnergies subsidiary, manufactures battery systems and participates in utility-scale energy storage projects, including grid-forming applications similar to Pacific Green's portfolio.
Broad incumbents
- EDF Renewables: EDF Renewables develops renewable and storage projects globally, with active UK and European battery storage pipelines that overlap with Pacific Green's project portfolio.
- NextEra Energy Resources: NextEra Energy Resources is one of the world's largest renewable energy developers with growing utility-scale storage; a broad incumbent competing with Pacific Green on tenders and offtake in shared markets.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Pacific Green social profiles
Digital presencePacific Green financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pacific Green leadership team
Management profileNumber of profiles
Profiles6 records
Pacific Green subsidiaries and ownership
Company hierarchySubsidiaries3 records
Pacific Green funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pacific Green M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pacific Green
What does Pacific Green do?
Pacific Green develops, builds, and sells utility-scale battery energy storage system (BESS) projects (battery energy parks) globally. The company manages the full project lifecycle from planning and permitting through construction, then sells completed developments to utilities, grid operators, and energy companies. Pacific Green also offers ENVI-Marine exhaust gas cleaning systems for the maritime sector and provides proprietary BESS design services through its acquired Innoergy Limited subsidiary.
Is Pacific Green a public or private company?
Pacific Green is a private company. It is classified as unknown and is currently operating.
When was Pacific Green founded?
Pacific Green was founded in -1. It employs 101 to 250 people.
Where is Pacific Green based?
Pacific Green is headquartered in London, United Kingdom, in the Europe region.
How does Pacific Green make money?
Two revenue lines are on record. Battery Energy Park Development Sales are the primary driver. The others are project Development Services.
Who are Pacific Green's main competitors?
Emerging players on record are Harmony Energy Income Trust and Zenobē Energy. Direct peers are Fluence Energy, Wärtsilä Energy Storage, Powin Energy, Tesla (Megapack / Tesla Energy), BYD Energy Storage and Saft (TotalEnergies). Broad incumbents are EDF Renewables and NextEra Energy Resources.
Does Pacific Green have an API?
No public API is recorded for Pacific Green.
What industry is Pacific Green in?
Pacific Green's product category is Battery Energy Storage Systems. Its primary akta.pro industry code is EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer), with a secondary code of EUAEAEAA, Utility-Scale BESS EPC & Integration. Its NAICS code is 22111.