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Phase II Closed With Construction Well Under Way

24 March 2021

Financial Close Reached For Second Phase Of Battery Storage Project

12th March 2021

“Still Waters Green Technology (SWGT) and Santander UK have reached the £28m financial close on the second phase of the Mannington battery storage project in Swindon. Scheduled to reach commercial operations in October 2021, the battery asset is on track to become the first operational two-hour duration BESS asset in the UK.”

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SWGT Secures £28 Million Support From Santander For Swindon’s Mannington Battery Storage

11th March 2021

“Independent battery energy storage system asset manager Still Waters Green Technology, has secured £28 million support finance from Santander for Phase 2 of the Mannington project, being an extension of the project into a 35MW/70MWh (2 hour duration) utility-scale, subsidy-free BESS asset in Swindon.”

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Phase I Closed With Wide Media Coverage

13 November 2020

Image of The land at Mannington

SWGT and Santander announce the £12 million phase one financial close of a flagship 30MW UK battery storage project

25th November 2020

“First project finance funding structure that has adopted a multi debt tranche approach to the tiered risk profile of the BESS revenue model…”

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Swindon hails flagship 30MW battery storage project

25th November 2020

“Key role in helping Swindon Borough Council become carbon neutral, supporting grid stability by providing flexibility to Scottish and Southern Electricity Network…”

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SWGT scores battery financing from Santander UK

25th November 2020

“UK investment firm Still Waters Green Technology Ltd. (SWGT) has secured £12 million in non-recourse financing from Santander UK to support a new subsidy-free battery energy storage system (BESS) in Swindon…”

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Work set to start on huge battery plant at Mannington

25th November 2020

“The borough council’s wholly-owned energy from waste company Public Power Solutions has agreed with battery plant specialist Still Waters Green Technology to build a huge 30 megawatt battery plant in Mannington. ”

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