About Eku Energy
Company Overview
Eku Energy, jointly owned by a Macquarie Asset Management managed fund and British Columbia Investment Management Corporation (BCI)
HeadquartersLondon, United Kingdom
Founded2022
SizeApproximately 10 employees in London with a lean, specialist organization structure (source: glassdoor.co.uk)
What They Do
Eku Energy is a global battery storage business launched in November 2022, specializing in the development, construction, and management of utility-scale Battery Energy Storage Systems (BESS) across the full project lifecycle (source: energystorageeurope.eu). The company focuses exclusively on battery storage infrastructure rather than generation technologies like solar or wind, positioning BESS as critical assets that support grid stability, provide essential grid services, and enable the integration of variable renewable energy sources into electricity systems (source: ekuenergy.com). Eku Energy operates globally with a footprint spanning the UK, Australia, Japan, Germany, Italy, and New Zealand, targeting utility and grid-scale electricity markets, system operators, governments, and power-market stakeholders requiring flexible storage capacity and grid support (source: energystorageeurope.eu). The company’s business model encompasses end-to-end project delivery, including development, construction, ownership, operation, and long-term asset management, creating world-class infrastructure investment products through its expertise in BESS technology (source: ekuenergy.com). A key differentiator is its combination of institutional ownership by Macquarie and BCI, project development capability, and asset management expertise, enabling seamless delivery of battery storage projects across multiple jurisdictions (source: macquarie.com).
Projects & Track Record
Eku Energy’s most prominent completed project is the Maldon Battery Energy Storage System in the UK, a 40 MWh facility that achieved grid connection and commissioning in October 2024, marking a significant milestone as the company’s first UK battery storage project (source: globenewswire.com). Prior to this, Eku Energy’s first battery went live in July 2023 in the Latrobe Valley, Victoria, Australia, demonstrating early operational capability in a key market (source: energystorageeurope.eu). As of late 2024, the company reported a global project portfolio totaling 4.6 GWh, with over 1 GWh either operating or under construction across strategic markets including the UK, Australia, Italy, and Japan (source: energystorageeurope.eu). The company’s geographic reach extends to Germany and New Zealand as well, reflecting a broad and diversified pipeline of battery storage projects (source: ekuenergy.com). Collaboration with partners such as Trina Storage on the Maldon project highlights Eku Energy’s ability to leverage industry relationships to successfully deliver complex storage assets (source: globenewswire.com).
Recent Developments
In October 2024, Eku Energy reached a key operational milestone with the successful grid connection and commissioning of its Maldon 40 MWh Battery Energy Storage System in the UK, as announced by Trina Storage, underscoring the company’s growing presence in the European battery storage market (source: globenewswire.com). Throughout 2023 and 2024, Eku Energy has been recognized as a fast-growing global battery storage specialist with an expanding project portfolio across multiple countries, maintaining a live UK project pipeline and active development in Australia, Italy, Japan, and Germany (source: zoominfo.com). The company’s launch and early portfolio scale of 4.6 GWh were highlighted by the European Association for Storage of Energy, emphasizing its ownership structure and strategic market focus (source: energystorageeurope.eu). Additionally, Eku Energy maintains a leadership profile with active engagement in policy and regulatory discussions, exemplified by the publication of senior staff bios such as Rachel Rundle, Director of Policy, signaling the company’s commitment to shaping market frameworks (source: ekuenergy.com).
Working There
Eku Energy offers career opportunities in a fast-evolving sector focused on delivering innovative battery storage projects that contribute to the energy transition and clean energy delivery (source: ekuenergy.com). The company hires across diverse roles including project management, engineering, operations, asset management, legal, and compliance, reflecting a multidisciplinary approach to storage development and asset operation (source: rejobs.org). Job listings indicate a strong London presence with openings such as Senior Counsel – Corporate & Compliance, highlighting the company’s lean and specialist organizational culture centered on project-facing work connected to its international portfolio (source: glassdoor.co.uk). Eku Energy emphasizes a workplace environment that values agility, innovation, and impact, inviting professionals to contribute to meaningful energy infrastructure projects that positively affect communities and energy systems worldwide (source: ekuenergy.com).
Not seeing the right role? Join our talent pool