Ingrid Capacity

Ingrid Capacity

Building the necessary infrastructure for large-scale energy storage in Sweden. Learn more

Financials

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Revenues, earnings & profits over time
SEK2022
Profit(7.2m)
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DateInvestorsAmountRound
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SEK1.0b

Late VC
Total Funding$121m

Recent News about Ingrid Capacity

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More about Ingrid Capacity
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Ingrid Capacity is a Swedish startup that operates in the renewable energy sector, specifically focusing on large-scale battery energy storage. The company's primary mission is to facilitate the transition from fossil fuels to renewable energy sources by building energy storage facilities at critical locations in the electricity grid. These facilities are designed to balance the peaks and troughs in energy production, which can vary depending on weather conditions. By doing so, Ingrid Capacity contributes to the stability of the electricity grid, a crucial factor in the wider adoption of renewable energy.

The company was founded in 2022 by a group of entrepreneurs with backgrounds in real estate, finance, and energy infrastructure. It is currently owned by Engelbrekt Utveckling, Springbacka, and Neptunia, among others. Ingrid Capacity also has an advisory board to further strengthen its expertise in the field.

Ingrid Capacity's business model revolves around partnering with BW ESS to construct energy storage facilities. Currently, they are in the final stages of building six facilities in Sweden with a total output of 89 MW. Over the next nine months, they plan to begin construction on additional facilities with an output of 300 MW. The company generates revenue by selling its energy storage solutions to clients who are looking to transition to renewable energy sources.

Ingrid Capacity serves a broad range of clients, from governments and municipalities looking to reduce their carbon footprint, to businesses and industries seeking to adopt more sustainable energy practices. The company's services are particularly relevant in today's market, where there is a growing emphasis on renewable energy and climate-smart solutions.

Keywords: Renewable Energy, Energy Storage, Battery Storage, Electricity Grid, Transition to Renewable Energy, Large-Scale Energy Storage, Energy Infrastructure, Green Transition, Electrification, Climate-Smart Solutions.