Funding

Lion Storage funding news – Hague-based Lion Storage Secures €350Million in Funding

Feb 18, 2025 | By Kailee Rainse

Lion Storage, based in The Hague and part of Return, announced that its ‘Mufasa’ energy storage project has secured funding. The project is being supported by Macquarie Capital as the lead investor, along with TINC, other Return investors, and six banks.

SUMMARY

Lion Storage, based in The Hague and part of Return, announced that its ‘Mufasa’ energy storage project has secured funding.
LION STORAGE finds, develops, builds, and runs large energy storage solutions to help increase the use of renewable energy, lower carbon emissions, make the electric grid more stable, and benefit all involved parties.

Macquarie Capital is a division of Macquarie Group, focusing on investing in infrastructure and energy projects.

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Jeroen Zanders, Managing Director for Macquarie Capital in the Benelux region said, “Battery storage is critical to maximising the role of renewables in the energy transition by enabling the delivery of dispatchable clean energy. Macquarie Capital with our flexible balance sheet is proud to be supporting a market index revenue project of this scale and significance for the Netherlands – bringing with us significant experience of investing in and developing BESS projects globally,”.

About LION STORAGE

LION STORAGE finds, develops, builds, and runs large energy storage solutions to help increase the use of renewable energy, lower carbon emissions, make the electric grid more stable, and benefit all involved parties.