Highview Power Storage Limited announced that it has raised £300 million in a round of funding co-led by new investors UK Infrastructure Bank Limited and Centrica plc on June 13, 2024. The transaction also included participation from new investors Mosaic Capital LLC,The Goldman Sachs Group, Inc.,Rio Tinto Group and KIRKBI A/S. Centrica plc invested £70 million, consisting of £25 million of convertible debt and £45 million of non convertible debt.