Eurazeo Invests in Germany's Terralayr to Boost Energy Flexibility

Eurazeo, through its Eurazeo Transition Infrastructure Fund (ETIF), has led a €192 million equity financing round for Terralayr. This investment aims to expand Terralayr’s grid-scale battery storage portfolio in Germany and advance its LAYR flexibility-as-a-service platform. Joining RIVE Private Investment and existing shareholders, Eurazeo supports one of Europe's growing power market sectors.

Terraylayr focuses on developing, owning, and operating grid-scale battery energy storage systems. The LAYR platform virtualizes battery assets, offering a market route for both its and third-party assets. This comes amid Germany's evolving power system, driven by renewable energy, electrification, and increased industrial demand.

This investment is crucial for ensuring grid flexibility and stability, as battery storage becomes integral to Germany's power sector. This move marks ETIF's final investment, complementing its diverse portfolio.